TCNS Clothing sells its products under the brands ‘W’, ‘Aurelia’ and ‘Wishful’. Photo: iStockNew Delhi: Women’s branded apparel maker TCNS Clothing has filed draft papers for an initial public offer, wherein existing shareholders plans to sell more than 1.57 crore shares. Among others, promoters—Onkar Singh Pasricha and Arvinder Singh Pasricha—would offload shares in the TCNC Clothing IPO. As on 30 September 2017, TCNS sold its products through 418 exclusive brand outlets, 1,305 large format store outlets and 1,361 multi-brand outlets in different parts of the country. t also sold products through six exclusive brand outlets in Nepal, Mauritius and Sri Lanka.

Source: Mint February 27, 2018 12:00 UTC