Swara Baby Wins Sebi Approval for Rs 1,000 Crore IPO as Hygiene Maker Targets Expansion
Swara Baby Products has secured approval from the Securities and Exchange Board of India to launch a Rs 1,000 crore initial public offering, clearing a key regulatory hurdle for the disposable hygiene products maker. The issue will comprise a fresh share sale and an offer for sale by promoters, with proceeds earmarked for capacity expansion, debt reduction and other corporate purposes.
