MoneyWorks4Me

Himatsingka Seide raises Rs 65 crore through NCDs

08 May 2025 Evaluate

Himatsingka Seide has raised Rs 65 crore through the allotment of 650 un-rated, senior, unlisted, secured, redeemable Series ‘A’ Non-Convertible Debentures (Series ‘A’ NCDs) denominated in Indian Rupees, each having a face value of Rs 10,00,000 at par on a Private Placement Basis. The Securities Committee of the Board of Directors (Committee) of the company has on May 7, 2025 allotted the same. 

Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products.


Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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