Footwear company SSIPL appoints bankers for IPO, scraps proposed pre-IPO funding round

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SSIPL Retail Pvt Ltd (formerly Moja Shoes), a company which manufactures shoes for various international brands and is also a retailer for Nike in India, has decided against the idea of raising a private equity round as a precursor to its initial public offer (IPO). Simultaneously, the company has hired ......