Meenakshi India targets June BSE direct listing as US tariffs squeeze ₹190-cr export book
Chennai-based apparel maker for Nordstrom, GANT and Marc O'Polo plans a no-dilution BSE debut in June. With 99%+ exports and FY25 revenue at ₹190 cr, promoters (71%) project FY27 at ₹176 cr amid US tariff drag, while pivoting to Odisha/Nepal capacity and D2C menswear label SHORTSTOP.
Chennai-based apparel exporter Meenakshi India plans a June direct listing on BSE without fresh capital or dilution. The ₹190-cr exporter to Nordstrom, GANT and Marc O'Polo is hit by US tariffs, eyeing Odisha/Nepal expansion and D2C menswear brand SHORTSTOP.