IPO
IPO
TREND | 28 Jan 2022, 12:00AM
ICICI Securities Limited
The company generates healthy gross margins (~72%+) with no end of season sale or discounts offered on MRP. The Indian wedding and celebration market is relatively less price-sensitive compared to casual wear It follows an asset light business model with production outsourced on a job work basis. It operates a fully integrated supply chain with high-end quality control standards in the procurement of fabric and other essential components. Also, EBOs are predominantly franchise owned, enabling the company to be asset light and achieve healthy return ratios...
Trendlyne Analysis released a IPO Note report for IPO on 24 Mar, 2025.
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