S Kumars to plan IPO - Franchise Mart

S Kumars to plan IPO

Posted by on March 21, 2010 in Franchise News | Comments Off on S Kumars to plan IPO

S Kumars to plan IPO

S kumar Nationwide Ltd is looking to plan IPO by listing its subsidiary, Reid & Taylor, in coming months said by a top company official said.
The company is also talking to private equity firms to spin off its brand ‘Belmonte’.
S Kumars sells apparels under a variety of brands at different price points, from ‘Reid & Taylor’ which caters to the premium and upper-middle segment of thesuiting market to ‘Belmonte’ suits and shirts for the economy segment.

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