Cantabil plans to invest Rs.300 million on garment manufacturing facility

Cantabil, a Delhi based manufacturing company is planning to invest Rs. 300 million to set up a manufacturing facility at Bahardurgah which will have a capacity of 3.5 lakh pieces per month. The company is planning to come with an IPO to raise Rs.1050 million. It also plans to set up 150 retail stores a mix of company owned and franchise models. Currently, the company operates 175 stores of menswear which sells its brand ‘La Fanso’
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