PE-backed Numero Uno files for India IPO
Indian apparel retailer Numero Uno Clothing has filed for an IPO, hoping to raise INR650 million ($10 million) and providing a partial exit for its backer, AA Indian Development Capital Advisors.
The company will be offer 6.8 million shares owned by AA and 1.6 million from promoter Narinder Singh Dhingra, according to a filing. An undisclosed amount of new shares will also be issued. Numero Uno...
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