MoneyWorks4Me

Ashapura Intimates receives loan of Rs 42 crore from Bank of Baroda

26 Nov 2014 Evaluate

Ashapura Intimates Fashion has received a Sanction of FCNR (B) Loan facility of Rs 42 crore (Sub Limit of Current Cash Credit Facility of Rs 50 crore) from Bank of Baroda.

Ashapura Intimates Fashion is engaged in the business of designing, branding, marketing and retailing of intimate garments through a well developed & wide distribution network and undertakes sales through organized retail chains and own outlets (of around 105 distributors and have presence in more than 13500 retail counters).

Peers
Company Name CMP
Vardhman Textiles 535.60
Welspun Living 229.45
Arvind 529.00
Raymond Lifestyle 574.15
K.P.R. Mill 1123.35
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