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Scotts Garments Ltd Announces IPO Price Band Of Between INR130 To INR132-Business Standard
Business Standard reported that Scotts Garments Ltd is coming up with an initial public issue (IPO) to raise between INR1.37 billion and INR1.39 billion to fund the setting up of two units, a trouser manufacturing unit in Doddaballapur, Karnataka and a knitting and fabric processing unit at Kagal - Kolhapur, Maharashtra. Scotts has done a pre-IPO placement to Canbank Venture Capital Fund and raised INR200 million at INR105 per share in December 2012.
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