Scotts Garments is all set to hit capital markets with an initial public offering (IPO) of 10,506,954 equity shares of Rs 10 each on April 25, 2013. The issue closes for subscription on April 29, 2013. The price band for the issue has been fixed at Rs 130 at lower level and Rs 132 at upper level. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Scotts Garments is engaged in the business of garment manufacturing. In addition to manufacture superior quality garments, company also provides additional facilities such as embroidery, printing, dyeing and washing. Scotts Garments export their readymade knitted and woven apparel to international clients including Denmark, Best Seller, Gander Mountain, S.Oliver, C&A, Smith and Brooks, Metro International.
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