Apparel Group Explores India IPO, Eyeing Share Sale in Mumbai as Banker Appointments Near
Updated
Updated · Bloomberg · Jun 3
Apparel Group Explores India IPO, Eyeing Share Sale in Mumbai as Banker Appointments Near
3 articles · Updated · Bloomberg · Jun 3
Summary
Apparel Group is weighing an IPO for Apparel Group India Pvt. in Mumbai, with the potential listing targeted for later 2026 or early 2027.
Preliminary talks with bankers are already underway to test investor appetite, though the offering size and valuation have not yet been set.
Banker appointments are expected soon, signaling the Dubai-based retailer is moving from early soundings toward a more formal process.
The Indian unit runs brands including Victoria’s Secret, Aldo and Crocs, making the listing a potential test of demand for consumer retail offerings in India.