| Nishat Chunian | |
| Traded As: | KSE 100 component |
| Foundation: | 1990 |
| Location: | Lahore, Pakistan |
| Founder: | Shahzad Saleem |
| Key People: | Shahzad Saleem (CEO) |
| Industry: | Textile |
| Revenue Year: | 2023 |
| Income Year: | 2023 |
| Net Income Year: | 2023 |
| Assets Year: | 2023 |
| Equity Year: | 2023 |
| Owner: | Shahzad Saleem (22.85%) Nishat Mills (13.61%) |
| Parent: | Nishat Group |
| Num Employees: | 7,101 |
| Num Employees Year: | 2023 |
| Footnotes: | Financials [1] |
Nishat Chunian Limited (Urdu: نشاط چونیاں) is a Pakistani vertically integrated textile company based in Lahore.[2] It is listed on the Pakistan Stock Exchange and is one of the largest textile company of Pakistan.[3]
Nishat Chunian also operates The Linen Company retail stores located in Lahore, Karachi, and Islamabad.[4]
Nishat Chunian was incorporated in 1990 as a spinning mill by Shahzad Saleem, a nephew of Mian Muhammad Mansha, as part of Nishat Group.[5] It began commercial operations in March 1991 with a manufacturing facility of 14,400 spindles supplied by Sulzer.[6] [7] The company was also listed on the Karachi Stock Exchange in 1991.[7]
In 1998, Nishat Chunian established a weaving mill.[5] Two years later, another spinning mill was added.[5]
In 2013, Nishat Chunian acquired Taj Textiles for .[8]
In 2010, Nishat Chunian established Nishat Chunian Power, a 200MW independent power producer, which is also listed on the Pakistan Stock Exchange.[5]
In July 2018, Nishat Chunian divested its shareholding in Nishat Chunian Entertainment.[9]
Following are the two subsidiaries:
Nishat Chunian operates factories in the following cities: