Biba Fashion files IPO papers with Sebi; Warburg Pincus, Faering Capital to divest stakes
Ethnic wear fashion label Biba Fashion, which is backed by Warburg Pincus and Faering Capital, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO).
JM Financial, Ambit, Equirus Capital, DAM Capital Advisors and HSBC Securities and Capital Markets (India) are the book running lead managers to the issue. Pic: IANS, https://www.biba.in/