Libas news and archive

Libas gets listed on NSE

Libas has become the first Indian designer label to get listed on the National Stock Exchange (NSE). Libas launched in 2004 with high fashion now aims for a turnover of Rs 1,000 crores. It is present in Mumbai, Pune, Ludhiana and Dubai and plans to expand further and make its presence felt in Delhi, Kolkata and a few other cities by the end of...

Business

Libas launches IPO

Libas Designs has come up with an initial public offering (IPO) of 20,00,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 68 per equity share. The shares are listed on NSE Emerge Platform, priced 6.8 times higher to its face value of Rs 10. Libas Designs is engaged in the process of fabrication of fabric into...

Apparel

Gangji to open 30 Libas stores across India

While working on red carpet lines, which will be unveiled during store launches in Dubai and Ludhiana, designer duo Riyaz Gangji and Reshma are planning to expand the footprint of ‘Libas’ across India and Nepal. The stores in Ludhiana and Dubai are will open their doors to the shoppers next month and new ones are being planned for Nepal, Raipur,...