Saturday, May 04, 2024
Outlook.com
Outlook India
Outlook Business

Offer For Sale

According to GoKwik, the category of beauty and personal care products is rapidly catching up to fashion companies in terms of volume growth

The IPO, with a price band of Rs 415-436 a share, would open for public subscription from April 3, and the proceeds from the fresh issue would be used towards debt payment, funding working capital requirements and general corporate purposes

The IPO includes a fresh issue of shares worth INR 12.5 billion ($152.1 million) and an offer for sale of 109.4 million shares