Archies Limited (earlier called Archies Greetings and Gifts Ltd) is an Indian multinational retailer of
greeting cards and
gifts, based in
New Delhi
New Delhi (; ) is the Capital city, capital of India and a part of the Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the Government of India, hosting the Rashtrapati Bhavan, New Parliament ...
.
History
Founded in 1979 by Anil Moolchandani, the company initially sold song books,
posters and leather patches. The company's main product, greeting cards, was introduced in 1980. Cards were introduced for major
Indian festivals such as
Holi
Holi () is a major Hindu festival celebrated as the Festival of Colours, Love and Spring.The New Oxford Dictionary of English (1998) p. 874 "Holi /'həʊli:/ noun a Hindu spring festival ...".Yudit Greenberg, Encyclopedia of Love in World ...
,
Diwali
Diwali (), also called Deepavali (IAST: ''Dīpāvalī'') or Deepawali (IAST: ''Dīpāwalī''), is the Hindu festival of lights, with variations celebrated in other Indian religions such as Jainism and Sikhism. It symbolises the spiritual v ...
and
Rakhi, apart from the usual new year, birthday and anniversary occasions. The company went public in 1995. In 1998, it was listed on the
National Stock Exchange of India
National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, ...
and
Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024.
Established with t ...
.
Archies Limited is in the business of manufacturing and selling
greeting cards and other social expression products such as gifts and posters. Archies has a market share of about 50% of India's greeting cards market.
Outlets and Stores
Archies has about 250+ franchise and 230+ exclusive outlets, called Archies Galleries, spread across 120 cities and 6 countries. It has tie-ups and licensing arrangements for merchandising characters such as
Dennis the Menace and Disney characters. It has arrangements with Paramount Cards Inc.,
Anne Geddes, and
American Greetings
American Greetings Corporation is a privately held American company and is the world's second largest greeting card producer behind Hallmark Cards. Based in Westlake, Ohio, a suburb of Cleveland, Ohio, Cleveland, the company sells paper greeting ...
, for greeting card design and name use.
Expansion
Following the increasing popularity of
e-cards, Archies started its
online portal in 2000.
The company expanded its product range to include artificial jewelry, crystal ware,
chocolate
Chocolate is a food made from roasted and ground cocoa beans that can be a liquid, solid, or paste, either by itself or to flavoring, flavor other foods.
Cocoa beans are the processed seeds of the cacao tree (''Theobroma cacao''); unprocesse ...
s and
perfume
Perfume (, ) is a mixture of fragrance, fragrant essential oils or aroma compounds (fragrances), Fixative (perfumery), fixatives and solvents, usually in liquid form, used to give the human body, animals, food, objects, and living-spaces an agre ...
s, and accordingly changed its name to Archies Limited in 2002.
References
External links
*{{url, www.archiesonline.com, Official site
Greeting cards
Companies based in New Delhi
Design companies established in 1979
Internet properties established in 2000
1979 establishments in Delhi
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange