Bombay Rayon Fashions Ltd has chalked out an expansion plan involving an investment of Rs 161 crore. To part-finance the project, the company proposes to enter the capital market for which it has filed an application with the Security and Exchange Board of India for
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| its IPO. According to a company, it would set up an integrated facility - weaving, process house and garment manufacturing - at the Apparel Park being developed by the Karnataka Industrial Area Development Board in Doddaballapur, near Bangalore. This project is expected to start commercial production by March 2008. 
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