Khadim India Ltd. (KIL) is one of the leading footwear brands in India with a market share of around 45% in the organized retail market in East India and a market share of 15-20% in South India. The public issue is a combination of OFS and fresh issue. The company will not receive any proceeds from the OFS. Of the net proceeds from the fresh issue, around Rs. 400mn will be utilized for the prepayment or repayment of all or a portion of term loan and...