SBC Exports, a well-known garments manufacturer and exporter, has announced its plans to bring an Initial Public Offering (IPO) for its travel and tourism subsidiary Mauji Trip Ltd during the current financial year 2025-26.
The company said the detailed information regarding the IPO, including the issue size and other terms, will be shared once all required regulatory approvals are completed. The move is aimed at unlocking value for shareholders, strengthening the capital base of Mauji Trip, and supporting its long-term expansion goals.
SBC Exports has been showing strong financial performance. For FY2024-25, the company reported consolidated revenue of Rs 300.04 crore, which is a 43.28 percent rise from Rs 209.40 crore in FY24. Net profit also increased by 41.52 percent to Rs 13.36 crore, up from Rs 9.44 crore a year ago.
In addition to its travel business, SBC Exports is expanding its online presence in the garment segment. The company has recently partnered with Amazon India to list and sell its apparel products. It is also in talks with other leading e-commerce platforms like Flipkart, Myntra, and Meesho to make its entire range of garments available online.
The upcoming IPO of Mauji Trip is part of SBC’s broader strategy to grow both its core and allied businesses by leveraging market opportunities and investor interest.
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Source: Moneycontrol
News Desk
