Hanung Toys files DRHP with SEBI

Mumbai, Mar 17 (UNI) Noida-based Hanung Toys and Textiles Limited has filed its draft red herring prospectus (DRHP) with SEBI for its proposed public issue of 95,00,000 equity shares of Rs 10 each through the 100 per cent book-built route.

Hanung will set aside 5,00,000 equity shares for all eligible employees on a competitive basis while the net issue to the public will comprise of 90,00,000 equity shares, a company release today said.

The issue would constitute 37.72 per cent of the post issue paid-up capital of the company.

Hanung is one of India's leading manufacturers of soft toys and home furnishings and has a production capacity of 1,10,00,000 soft toys per annum and 12,50,000 sets of furnishings per annum.

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