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Candytoy Corporate plans Rs 90 crore stake divestment at Rs 900 crore valuation, targeting Rs 450 crore turnover by next fiscal year.
Candytoy Corporate, a candy toy manufacturer for big brands like Colgate, Puma, and MTR, plans to achieve Rs 450 crore turnover by next fiscal year, raising Rs 90 crore through 10% stake divestment at a Rs 900 crore valuation.
It aims to expand into inflatables and bubble water toys and plans to list on the stock exchange in three years.
The company currently has a Rs 250 crore turnover, experiencing 30% year-over-year growth in orders, and operates in India, exporting to over 35 countries worldwide.
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Candytoy Corporate planea una desinversión de 90 millones de rupias en una valoración de 900 millones de rupias, con el objetivo de una facturación de 450 millones de rupias para el próximo año fiscal.