Laminates maker Merino hires investment bank for pre-IPO round

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Merino Industries Ltd, one of the world’s largest makers of decorative laminates for interiors, is in talks with local and foreign buyout funds for its first institutional funding ahead of IPO, two persons privy to the development told VCCircle. Kolkata-based Merino intends to raise Rs 400-500 crore ($54-68 million) in this ......

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