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Artistic Denim Mills Limited
Plot No. 5-9
23-26, Korangi Industrial Area
Phone: +92 2111236236p:+92 2111236236 KARACHI, 74900  Pakistan Ticker: ADMMADMM
Business Summary
Artistic Denim Mills Limited is a Pakistan-based company. The principal activity of the Company is to manufacture and sell yarn, rope dyed denim fabric, garments, and value-added textile products. Its eco-minded fiber range includes Tencel Lyocell, Modal, and Ecovera. Its vertically integrated factory has four key sectors: recycling, spinning, weaving and finished garments. Its recycling facility offers recycled cotton fiber. Its spinning and weaving facility offers a range of fabric technologies. Under the spinning category, the Company produces approximately 1.6 million kg of yarns per month with an installed capacity of 18,000 spindles; under the weaving category, the Company has an annual installed capacity of 19,646,250 meters of fabric. The Company is equipped with approximately 24 ropes dyeing with a capacity of 140,000 meters in a run. The Company's factory is located in Korangi Industrial Area, Karachi.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023Yes----

Industries
SIC Code Description
2211 Broadwoven fabric mills, cotton
2241 Narrow fabric and other smallwares mills: cotton, wool, silk
2297 Nonwoven fabrics
2257 Weft knit fabric mills
2281 Yarn spinning mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Muhammad IqbalAhmed 12/6/2017 12/6/2017
Chief Executive Officer, Director FaisalAhmed 12/3/2014
Chief Financial Officer SagheerAhmed 4/28/2016
7 additional Officers and Directors records available in full report.

Business Names
Business Name
ADMM
Artistic Denim Mills Limited

General Information
Number of Employees: 486 (As of 6/30/2016)
Outstanding Shares: 84,000,000 (As of 12/31/2023)
Shareholders: 767
Stock Exchange: PSX
Fax Number: +92 2135054652


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Thursday, April 18, 2024