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Kedaara’s final IPO exit from Manyavar parent would fetch 5X returns

Kedaara’s final IPO exit from Manyavar parent would fetch 5X returns

02 Feb 2022

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Kedaara’s final IPO exit from Manyavar parent would fetch 5X returns

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Kedaara Capital, which solely backs ethnic wear brand Manyavar’s parent Vedant Fashion, will fetch annual returns of over 45% on its investment after making a complete initial public offering (IPO) exit from the company, as per a VCCircle analysis. Kedaara invested an aggregate of over Rs 300 crore in the ......