Ashapura Intimates Fashion is all set to hit capital markets on March 28, 2013 with an initial public offering (IPO) of 5,250,000 equity shares of Rs 10 each aggregating up to Rs 21 crore. The issue closes for subscription on April 04, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE and the price for the issue has been fixed at Rs 40 per share.
Ashapura Intimates Fashion is engaged in the business of designing, branding, marketing and retailing intimate garments such as loungewear, bridal night wear, honeymoon sets, bathrobes and night wear.
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