Sudar Garments Limited, engaged in the manufacturing of garments for mens wear, womens wear and kids wear, proposes to enter the capital markets soon to meet its funding requirement for expansion of the existing apparel manufacturing capacity, setting up of retail outlets and brand building. The company has received the SEBI nod for it. The company proposes to offer 90.88 lac equity shares of Rs 10 each to the public through 100 percent book building process. Sudar Garments’ foray into the retail segment with an aim to open new outlets is an added opportunity for the signage players, viz PSPs, fabricators and others dealing with companies in retail segment.
