Kalamandir news and archive

Kalamandir opens two stores in Andhra Pradesh

As a part of its rapid retail expansion plans, well known textile retail chain Kalamandir has opened its 19th and 20th stores in Rajamundry and Kakinada in Andhra Pradesh respectively. Tollywood actors Anushka Shetty, Pranitha and Kruthi Karbandha along with other celebrities inaugurated the stores. Commenting on the new store launches,...

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Kalamandir bags two awards at ‘Achievers Conference’

Kalamandir has received two awards at the 73rd All India Achievers Conference (AIAC) held in Chennai. ‘Arch of Excellence’ in Business Organization category and ‘Gem of India’ accolades were conferred to Prasad Chalavadi, Founder, Chairman & Managing Director of Kalamandir by K Rosaiah, Governor of Tamil Nadu. AIAC is a non-profit, non-political...

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Sai Silks to expand footprint in south India

Sai Silks (Kalamandir), a Hyderabad-based retailer of women’s, kids and men’s wear, intends to expand its retail network by opening four new showrooms – one each at Hyderabad, Nizamabad, Vijayawada and Chennai – with a total investment of around Rs 13 crores. The eight-year-old company currently operates 16 outlets across Andhra Pradesh, Tamil...

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Kalamandir bags prestigious awards

Kalamandir, South India’s well-known designer sari destination has bagged the coveted ‘Retailer of the Year Award’ for excellence in traditional fashion and lifestyle retailing at the Asia Retail Congress. Kalamandir also won the title ‘Master Brand’ at the awards hosted by CMO Council and CMO Asia. Sai Silks Kalamandir is a group of companies...

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Sai Silks plans IPO

Sai Silks, a well known retailer of saris in south India that sells under the brand name Kalamandir, has filed a draft red herring prospectus with market regulator SEBI for its initial public offering of Rs 102 crores. The issue is being made through a 100 per cent book building process. The issue proceeds are proposed to be utilized for setting...