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Sathya Agencies secures SEBI nod for ₹600 crore IPO to fund Unilet buyout

Consumer electronics retailer Sathya Agencies has received SEBI nod for a ₹600 crore IPO (₹300 cr fresh + ₹300 cr OFS). Proceeds will repay debt and fund acquisition of subsidiary Unilet Appliances. Kanohar Electricals and Torrent Gas also approved.

Newer report , , CNBC-TV18 : Sathya Agencies, Kanohar, Torrent Gas clear SEBI for IPOs; retail capital window reopens

Reported figures

From the report. Source details below

₹100 crore each by 3 promoters

The source

Source Read the source at The Hindu BusinessLine

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