Sudar Garments Ltd is entering in the capital markets with an initial public offering, IPO of 90,88,000 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet.
Sudar Garments Limited is leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids. Sudar Garments is presently manufacture under its own brand name "Glory to Glory" and will be launching shortly two more brands namely 'St. Paul' and 'Majesty'.
The issue opens on Feb 21, 2011 and closes for subscription on Feb 24, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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