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Biba Apparels, women’s apparel manufacturer has picked advisors for its IPO. Warburg Pincus-backed Biba will join the long list of fashion firms backed by private equity companies.
A Close Look into the IPO As per sources close to the developments, Biba Apparel is looking to raise around Rs. 1,500 crores to Rs. 2,000 crores through its public offering. This IPO will likely be a combination of both primary and secondary issues of equity shares. The fashion firm is expected to file its …
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