Yarn manufacturer Sanathan Textiles has filed preliminary papers with capital markets regulator Sebi to raise Rs 800 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), the IPO is a combination of a fresh issue of equity shares aggregating up to
Singapore headquartered but originally China based fast fashion retailer Shein, has plans to launch an initial public offering next year with listing at the New York stock exchange. But the brand which still has manufacturing facilities in China faces allegations that its products contain cotton from Xinjiang province, a province which is accused of using […]
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 […]