Ajanta Shoes preparing to bring IPO, the company became a revenue worth Rs 1000 crore by 2028
Indian Ajanta Shoes India Private Limited, a third generation leading in the footwear industry, is organizing its dealer meat at many places including Kolkata today. In this, the major distributors of West Bengal and Uttar Pradesh will unite to carry forward their ambitious development strategy. The company is preparing to celebrate its 70th anniversary in January 2026. In addition, the company is also planning to bring an IPO to speed up its expansion.
The company set a target of Rs 1000 crore by 2028
Ajanta Shoes aims to get a revenue of Rs 1000 crore by 2028 and a target of 35% compound annual growth (CAGR) to strengthen its position as a top national footwear brand. The dealer meat will unveil the transformative roadmap of Ajanta Shoes, which will focus on portfolio diversification, geographical expansion and multi-channel development. With 40% market share in the air slippers segment in West Bengal, the company is expanding value, mastic and premium segment with new offers such as women’s footwear, clogs and athlezers.
The company is strengthening its presence in West Bengal
Ajanta Shoes is strengthening its appearance in West Bengal and targeting highly-affected markets like Uttar Pradesh, Madhya Pradesh and South regions through a strong multi-channel strategy, including multi-brand outlets (MBOs), exclusive brand outlets (EBOs) and rapidly growing e-commerce platforms.
The company is going to launch smart shoe before Durga Puja
Apart from this, Ajanta Shoes is going to launch a smart shoe before Durga Puja. The smart shoe has been prepared by Ajanta footwear for the first time in the entire country. Through this smart shoe, the user will get many features including all modern facilities like foot step, with play, Google map and camera. Currently, this shoe has been launched in Dubai. The price of this unique shoe in Dubai has been kept at 15 thousand rupees. At the same time, its price in India will be 9000 rupees.
What did Ajanta Shoes director Subrata Banik
Talking with India TV, Ajanta Shoes director Subrata Banik said that the company launches a new product before Durga Puja. This year, the smart shoe will be launched. He informed that all the dealers have been brought together in this dealer meat, where they will be shown this smart shoe and all its features will be told.
Latest business news
