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The IPO will encompass a fresh issue of Rs 500 crore along with an offer-for-sale involving up to 8.05 million shares from existing shareholders and promoters.
Based in Mumbai, the company competes with renowned brands like Milton, La Opala, and Borosil. It enjoys support from ICICI Venture, the alternative investment arm of ICICI Bank.
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The IPO encompasses a fresh issue of Rs 400 crore along with an offer for sale of up to 13.07 million shares from existing shareholders and promoters.
The company operates across 10 production facilities in India and one in Fujairah, United Arab Emirates, reflecting its strategic geographical reach
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