Reid & Taylor IPO : Planning an IPO in 6 Months

by khalid on 23/03/2010 · 0 comments

Reid & Taylor is very famous brand for clothing collection especially Suits and Coats worldwide. Reid & Taylor India is planning to float an IPO to raise money from primary market in the next 6-8 months.They are planning to raise around $ 100–150 million through the issue. Reid & Taylor is valued at $ 800 million by GIC. Regulatory clearances are expected in the next 3-4 months. FY10 sales for Reid & Taylor is seen at Rs 1000 crore. Another famous brand in clothing field is S Kumars and they are having over 50% stake in Reid & Taylor. Consolidated debt of the company is around Rs 2700 crores.

Amitabh Bachchan’s commercial of Reid and Taylor is very popular and it is like this…..

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