New Delhi: Garment maker SP Apparels, which concluded its initial public offering (IPO) earlier this month, will make its stock market debut tomorrow. SP Apparels’ IPO was oversubscribed nearly three times during August 2-4. The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 2.21 times, while non-institutional investors 5.10 times, as per NSE Read More →

SP Apparels’ IPO was oversubscribed nearly three times SP Apparels shares jumped nearly 8 per cent to Rs. 288.75 on its market debut, against the issue price of Rs. 268. The garment maker’s IPO was oversubscribed nearly three times during August 2-4. The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 2.21 times, Read More →

Silk fibres have been exempted under GST. (File Photo) GUWAHATI: Five years ago, Lekha Goswami left her plum corporate job to follow her passion – designing traditional clothes and started a one-room Assamese ethnic-wear boutique. Off late, the 37-year-old has been anxiously spending inordinate amounts of time reading up on the recently launched GST – Read More →

Apparel export fell in November by 10 per cent in dollar terms and nearly 14 per cent in rupee terms, as against November 2016. Export of ready-made garments (RMG) were $1,036 million, down almost 10 per cent from a year before. In rupee terms, export was Rs 6,719 crore, from Rs 7,783 crore in November 2016, Read More →

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