Omni-channel retailer and ethnic wear brand Libas has successfully closed its first external funding round and bagged an investment of Rs 150 crore by IAF Series 5, a fund managed by ICICI Venture. Libas has fast-tracked its growth to become a leading force in the online fashion segment,
Ethnic apparel retailer Sai Silks Kalamandir entered the stock market with a resounding debut on September 26, 2023, garnering significant attention from investors. The company’s stock was listed at a premium price of Rs 231, marking a 4% increase over the issue price of Rs 222. During its initial day of trading, Sai Silks Kalamandir […]
Ethnic apparel retailer Sai Silks (Kalamandir) announced on September 18, 2023, that it has successfully garnered more than Rs 360 crore from anchor investors just days before its upcoming initial public offering (IPO). The company allotted 1.63 crore equity shares to 26 funds at a per share price of Rs 222, which coincides with the […]