Pernia’s Pop Up Shop Files DRHP For INR 660 Cr IPO

The company is looking to raise up to INR 660 Cr through its fresh issue of equity shares. No offer for sale (OFS) component has been outlined yet

It may also undertake a pre-IPO placement of shares worth up to INR 130 Cr; any amount raised under this route will reduce the fresh issue size accordingly

Of the net proceeds, the largest chunk—INR 363.3 Cr—will go towards expanding lease liabilities for new and existing experience centers as well as expanding its  backend offices…