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Sathya Agencies gets SEBI nod for ₹600 cr IPO, eyes Unilet buyout

Chennai-based consumer durables retailer Sathya Agencies received SEBI nod for a ₹600 crore IPO (₹300 cr fresh, ₹300 cr OFS). Proceeds fund debt repayment and Unilet Appliances acquisition. Operates 427 stores across five southern states.

Reported figures

From the report. Source details below

  • 392 consumer electronics stores

Other figures

  • 35 mobile retail stores
  • 1.90 million sq ft
  • 150+ OEMs

The source

Source Read the source at The Hindu BusinessLine

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Note Information, not investment advice. RetailIntel is not registered with SEBI.