VIP Industries has raised Rs 50 crore through listed, secured, rated, redeemable, Non-Convertible Debenture (NCDs) and allotted 500 NCDs having face value of Rs 10,00,000 each on Private Placement basis.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.