Nishat Chunian Limited ( ) is a Pakistani vertically integrated

textile Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...

company based in

Lahore Lahore ( ; ; ) is the capital and largest city of the Administrative units of Pakistan, Pakistani province of Punjab, Pakistan, Punjab. It is the List of cities in Pakistan by population, second-largest city in Pakistan, after Karachi, and ...

. It is listed on the

Pakistan Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a frontier market on 8 September 2021. Pakistan Stock Exchange was founded in 1947 as ...

and is one of the largest textile company of Pakistan. Nishat Chunian also operates The Linen Company retail stores located in Lahore,

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

, and

Islamabad Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...

History

Nishat Chunian was incorporated in 1990 as a spinning mill by Shahzad Saleem, a nephew of Mian Muhammad Mansha, as part of

Nishat Group Nishat Group ( ) is a group of companies headquartered in Lahore, Pakistan. It was founded by in 1951. Mian Muhammad Mansha is the current chairman of the group. At least eleven of the Nishat Group's subsidiaries are listed on the Pakistan ...

. It began commercial operations in March 1991 with a manufacturing facility of 14,400 spindles supplied by Sulzer. The company was also listed on the

Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

in 1991. In 1998, Nishat Chunian established a weaving mill. Two years later, another spinning mill was added. In 2013, Nishat Chunian acquired Taj Textiles for . In 2010, Nishat Chunian established Nishat Chunian Power, a 200MW

independent power producer An independent power producer (IPP) or non-utility generator (NUG) is an entity that is not a public utility but owns facilities to generate electric power for sale to utilities and end users. NUGs may be privately held facilities, corporations ...

, which is also listed on the

. In 2016, Nishat Chunian opened the first store of The Linen Company in Lahore. In July 2018, Nishat Chunian divested its shareholding in Nishat Chunian Entertainment.

Subsidiaries

* Nishat Chunian USA Inc. * Nishat Chunian Electric Corporation Ltd. * The Linen Company

Former subsidiaries

* Nishat Chunian Power * Nishat Chunian Entertainment

Factories

Nishat Chunian operates factories in the following cities: *

Kasur Kasur (Punjabi language, Punjabi / ; ; also Romanization, romanized as Qasūr; from pluralized Arabic word ''Qasr'' meaning "palaces" or "forts") is a city to the south of Lahore, in the Pakistani province of Punjab, Pakistan, Punjab. The city s ...

Raiwind Raiwind ( Punjabi & ) is a town located within union council 149 (Dholanwal) in Allama Iqbal Town of Lahore, Punjab, Pakistan. The town serves as the headquarters of Tablighi Jamaat and hosts the annual Raiwind Markaz Ijtema. Raiwind is also ...

References

{{KSE 100 Nishat Group Textile companies of Pakistan Manufacturing companies established in 1990 Pakistani companies established in 1990 1991 initial public offerings Companies based in Lahore Companies listed on the Pakistan Stock Exchange Companies in the KSE 100 Index