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Thursday, October 18, 2012 - 19:44 IST
Lilliput revives IPO plan, offers shares to vendors for outstanding payments 
BY Diksha Dutta
This follows a virtual write-down by PE firms Bain Capital & TPG on their $86m investment in the firm after a legal spat with Lilliput promoters over accounting practice.
Kidswear brand Lilliput is reviving its plans to go ahead with an initial public offer (IPO) in the next 18 months, after a bitter end to its sojourn with top tier private equity investors Bain Capital and TPG....
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RECENT COMMENTS
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
- 16 June 2013Raj BhattonGoing by the numbers, this values Snowman at 21.7X Mar'13 earnings and 3.5X assets. It is a brilliant pre-IPO...
- 15 June 2013sharad_dalal@hotmail.comonI think this article paints a very distorted picture of a typical PE term sheet. Investment in the form of...
- 14 June 2013SummeeronA candid article Pravin. The situation is indeed piquant. In good companies, where funds fall over each other for the...
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