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I.P.O. / Offerings | 9 April 2012

Tristar Retail Files For R25Cr IPO

by Charmi Gutka
Tristar Retail Files For R25Cr IPO
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Tristar Retail Limited has filed DRHP with SEBI to raise R25Cr through an IPO.

The funds raised will be used for working capital (R13Cr); expansion of exclusive brand outlets of brand Denizen (R 5.85Cr); and investment in subsidiary Tristar Retail Concepts Private Limited for expansion of exclusive brand outlets of brand Nokia (R 1.13Cr).

Microsec Capital Limited is the book running lead manager to the issue.

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