Numero Uno plans to file an IPO

New Delhi: Apparel and lifestyle accessories firm Numero Uno Clothing Ltd has approached capital markets regulator Sebi to float

an initial public offering ( IPO). The proposed public issue comprises fresh issue worth 65 crore and an offer for sale up to 84 lakh from

its promoter and AA India Development Capital Fund, the company said in its Draft Red Herring Prospectus filed with Sebi. The proceed of the issue would be utilised for opening 84 new stores, expansion of the existing

capacity at Sel aqui, Dehradun, brand building

exercises.