Latest news with #MaujiTrip
Economic Times
23-05-2025
- Business
- Economic Times
SBC Exports plans to launch IPO of travel arm Mauji Trip in 2025-26
SBC Exports will launch an IPO for its travel subsidiary, Mauji Trip, in FY2025-26. The board has approved this plan to boost shareholder value and fund Mauji Trip's growth. SBC Exports reported strong revenue and profit growth for FY25. They have also partnered with Amazon India to sell apparel. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Garments manufacturer and exporter SBC Exports said it plans to launch the initial public offering of its travel and tour subsidiary Mauji Trip in the current financial year. The company's board has approved the proposal to launch the IPO of the wholly-owned travel arm in FY2025-26, the company said in a and terms of the initial share sale and issue size will be announced in the due course subject to necessary approvals, it strategic initiative is aimed at unlocking value for the shareholders, strengthening the capital base of Mauji Trip Ltd and supporting its future growth plans, the company Trip operates in the travel and tourism Exports has reported a consolidated revenue from operations of Rs 300.04 crore for 2024-25, a growth of 43.28 per cent over Rs 209.40 crore in the previous company's net profit jumped by 41.52 per cent to Rs 13.36 crore in FY25, compared to Rs 9.44 crore in the previous Exports recently entered into a partnership with Amazon India for the listing and sale of its apparel products on the Amazon online is actively engaged in discussions with other major online retail platforms such as Flipkart, Myntra, and Meesho to explore additional opportunities for listing its complete portfolio of apparel products, it added.
Time of India
23-05-2025
- Business
- Time of India
SBC Exports plans to launch IPO of travel arm Mauji Trip in 2025-26
Garments manufacturer and exporter SBC Exports said it plans to launch the initial public offering of its travel and tour subsidiary Mauji Trip in the current financial year. The company's board has approved the proposal to launch the IPO of the wholly-owned travel arm in FY2025-26, the company said in a statement. Details and terms of the initial share sale and issue size will be announced in the due course subject to necessary approvals, it added. This strategic initiative is aimed at unlocking value for the shareholders, strengthening the capital base of Mauji Trip Ltd and supporting its future growth plans, the company said. Mauji Trip operates in the travel and tourism segment. SBC Exports has reported a consolidated revenue from operations of Rs 300.04 crore for 2024-25, a growth of 43.28 per cent over Rs 209.40 crore in the previous year. Live Events The company's net profit jumped by 41.52 per cent to Rs 13.36 crore in FY25, compared to Rs 9.44 crore in the previous year. SBC Exports recently entered into a partnership with Amazon India for the listing and sale of its apparel products on the Amazon online platform. It is actively engaged in discussions with other major online retail platforms such as Flipkart, Myntra, and Meesho to explore additional opportunities for listing its complete portfolio of apparel products, it added.
