Ismail Industries Limited

Pakistani food company

Ismail Industries Limited

Company type| Public

Traded as

| PSX: ISIL
Industry| Confectionery
Founded| 1988; 36 years ago (1988)
Founders| Muhammad M. Ismail
Maqsood Ismail
Headquarters| Karachi, Pakistan

Area served

| Pakistan and other countries

Key people

| Maqsood Ismail (CEO)
Products| Confectionery (candies)
Snack food
Owner| Ismail family
Website| ismailindustries.com.pk

Ismail Industries Limited (Urdu: اسماعیل انڈسٹریز لمٹیڈ), also known as Ismail Group, is a Pakistani confectionery and snack food manufacturer headquartered in Karachi, Pakistan.[1] It owns AstroPack, CandyLand, Bisconni and SnackCity brands.[2][3]

## History[edit]

Ismail Industries' history goes back to a confectionery factory founded by Haji Ahmad Chandia in Sukkur during the 1960s.[4] The business was unsuccessful, so the factory was closed in 1964.[4] Later, Chandia founded another confectionery business with his four sons called Union Biscuit Private Limited in Karachi.[4] The business was successful, but began to decline with the death of the heir apparent, Muhammad Ismail.[4] Following his death, the family reestablished a company in his name called Ismail Industries Limited in 1988.[4] The company was listed on the Karachi Stock Exchange in 1989.[4] Miftah Ismail, former Finance Minister of Pakistan, joined his family business in 1994 after completing his education in the U.S.[4]

In 1990, Ismail Industries established its first subsidiary, Candyland, which introduced soft jellies such as Chilli Milli in Pakistan.[5] Candyland is also for producing Fanty, Super Twister, and Paradise.[5]

In 2002, Ismail Industries founded Bisconni which later became known for its Cocomo biscuit.[5] Bisconni is also known for launching Rite cookies.[5]

In 2006, SnackCity was launched to make snack foods in Pakistan.[5] SnackCity is known for producing Kurleez, a line of crisp snacks.[5]

In 2013, Ismail Industries acquired 24.5 percent stake in the Bank of Khyber.[6]

In 2021, Ismail Industries established a polyester resin (PET resin) manufacturing plant with an annual production capacity of 108,000 tons.[5]

## Subsidiaries[edit]

* Bisconni (100 percent)[5]
* Candyland (100 percent)[5]
* SnackCity (100 percent)[5]
* Astro Films (100 percent)[5]
* Bank of Khyber (24 percent)[4]
* Hudson Pharmaceuticals (78 percent)[4]
* 30 MW ACT Wind Power Project (33 percent)[4]
* 50 MW ACT II Din Wind Power Project (17 percent)[7]

## Brands[edit]

* Chilli Milli[5]
* Cocomo[5]
* Fanty[5]
* Kurleez[5]
* Now[5]
* Paradise[5]
* Rite[5]
* Super Twister[5]

## Factories[edit]

Ismail Industries operates three factories in the following cities:

* Hub, Balochistan[8]
* Lahore[8]
* Karachi[8]

## References[edit]

1. ^ Hussain, Dilawar (26 January 2015). "Taking candy to the bank". DAWN.COM.
2. ^ "Cocomo conundrum: How Ismail Industries doubled their profit when the economy was shrinking". Profit by Pakistan Today. 13 June 2021.
3. ^ "Food firm intends to tap hydropower potential". The News International. Retrieved 31 December 2017.
4. ^ a b c d e f g h i j Shahid, Ariba (13 June 2021). "Cocomo conundrum: How Ismail Industries doubled their profit when the economy was shrinking". Profit by Pakistan Today.
5. ^ a b c d e f g h i j k l m n o p q r s Report, Profit (22 March 2021). "Ismail Industries to invest in packaging". Profit by Pakistan Today.
6. ^ "Share purchase: Ismail Industries eyes 24.5% stake in Bank of Khyber". The Express Tribune. 16 February 2015.
7. ^ "ACT II".
8. ^ a b c "::ISMAIL INDUSTRIES LIMITED::". ismailindustries.com.pk.

## External links[edit]

* Official website