The Victoria Mills Ltd. was established in 1913. The Company started with a small capital of Rs.4,00,000/- and had issued bonus shares from time to time and the present paid up capital is Rs.98,56,000/- and Reserves Rs.43,18,19,559/-.

Original mill was situated at Gamdevi, Mumbai and later shifted to Pandurang Budhkar Marg, Lower Parel, Mumbai. It was a composite textile mill producing fabrics for local as well as the international market.