Khadim India promoter Siddhartha Roy Burman would sell 7.22 lakh equity shares, while Fairwinds Trustees Services would offer 58,52,093 scrips. Photo: iStockMumbai: Footwear retailer Khadim India Ltd on Thursday said its Rs543 crore initial public offering (IPO) will open on 2 November. The company has set a price range of Rs745-750 per share for the IPO, which values it at Rs1,288-1,297 crore. Khadim competes with brands such as Bata India Ltd, Relaxo Footwears Ltd, Liberty Shoes Ltd, Mochi Shoes Ltd and Sree Leathers Pvt. IDFC Bank Ltd and Axis Capital Ltd are managing the Khadim share sale.

Source: Mint October 26, 2017 08:48 UTC