Indian Terrain Fashions is eyeing to raise Rs 75 crore through issuance of securities or qualified institutions placements (QIPs). The board of directors of the company at their meeting held on December 18, 2014 has considered and approved raising of funds for an amount not exceeding Rs 75 crore.
Indian Terrain Fashions is engaged in manufacturing and retailing of men’s apparel brands. The company retails across the country in over 700 multi-brand outlets, 130 doors of large format stores, over 100 exclusive brand outlets, and its products are available through online stores as well.
