Home / Knowledge / News / Apparel/Garments / Apparel maker Nandani Creation to raise Rs 4cr through IPO
Apparel maker Nandani Creation to raise Rs 4cr through IPO
21
Sep '16
Models wearing Jaipuri kurtis. Courtesy: Nandani Creation
Models wearing Jaipuri kurtis. Courtesy: Nandani Creation
Nandani Creation, a Jaipur based manufacturer and trader of women's fashion wear, is planning to raise Rs 4.04 crore through an initial public offering (IPO). A draft prospectus of the company has been filed with NSE Emerge—the SME platform of NSE. The prospectus has been filed by Merchant banker Pantomath Capital Advisors along with Indian Overseas Bank.

The company proposes to issue 14,55,000 equity shares at a price of Rs 28 per share including a premium of Rs 18 per equity share, a news agency said quoting Pantomath group MD Mahaveer Lunawat.

Established in 2004, Nandani is known for its ethnic wear, especially the Jaipuri kurti which come in different designs, colours and sizes. The company has e-retail distribution network model for its products. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Top executives
Textile industry, India

The event should be organised every year

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search