Corporate Profile

Company History

The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900’s. With all it’s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited company, in the year 1953. In 1972 it was subsequently listed on the Karachi Stock Exchange. Since then the company has been making rapid progress and is one of the best composite textile houses in the world. The mill is presently a composite unit with an installed capacity of 130,296 spindles, 223 wide width air jet looms, and a state of the art processing and finishing unit.

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Corporate Profile - Business Activities

Textiles

In the textile field, activities start from the spinning of cotton as well as man made fibers and extend to weaving, processing and finishing of all types of cotton and blended fabrics, bed linen, home furnishings, garment manufacturing, etc.

Management

Management of the group is professionally qualified and broadly experienced. The directors have held top positions in various textile bodies, export committees and have also assisted the Government of Pakistan in some of the major trade talks with EC and USA authorities.

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Bankers

Main bankers of the group are:

  • Allied Bank Limited
  • Bank Al Habib Limited
  • Barclays Bank Plc, Pakistan
  • Citi Bank, N.A.
  • Faysal Bank Limited
  • Habib Bank Limited
  • Habib Metropolitan Bank Limited
  • Hsbc Bank Middle East Limited
  • Meezan Bank Limited
  • National Bank Of Pakistan
  • Nib Bank Limited
  • The Royal Bank Of Scotland Limited
  • Standard Chartered Bank (Pakistan) Limited
  • United Bank Limited

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List of Membership of Trade Bodies and Organization

  • The Karachi Stock Exchange (Guarantee) Limited.
  • Lahore Stock Exchange (Guarantee) Limited.
  • All Pakistan Textile Mills Association.
  • Pakistan Cotton Fashion Apparel Manufacturers & Exporters Association.
  • All Pakistan Bed sheets & Upholstery Manufacturers Association.
  • Karachi Cotton Association.
  • Chamber of Commerce & Industry, Karachi.
  • Employees Federation of Pakistan.
  • All Pakistan Textile Processing Mills Association

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