Kian-M Export files DRHP for ₹500 crore IPO

Textile and apparel manufacturer Kian-M Export filed a DRHP for an IPO comprising up to ₹500 crore in fresh shares and a 15 lakh-share OFS. Proceeds will fund working capital, machinery, subsidiary capex and a 35.29% Ultra Denim stake acquisition.

Kian-M Export's IPO: fresh issue of up to ₹500 crore plus an offer for sale of up to 15 lakh shares
Fresh issue size
up to ₹500 crore
Offer for Sale size
up to 15 lakh shares
Planned Ultra Denim stake acquisition
35.29%

Reported figures

From the report. Source details below

  • Revenue CAGR 25.09% from FY2024 to FY2026
  • EBITDA CAGR 63.27% from FY2024 to FY2026

The source

Source Read the source at Mint

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Also reported by Business Standard

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