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Kolkata, Sept.12 Khadim India, the footwear maker that has lately ventured into organised retailing, is planning an IPO.

The company has lined up a public issue of 55 lakh equity shares, of which the net issue to the public will be 53 lakh shares, accounting for 30.05 per cent of the fully-diluted post-issue capital. Microsec Capital has been mandated as the book running lead manager.

The shares will carry a face value of Rs 10.

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