Men's clothing chain Henderson has planned an IPO on the Moscow Exchange

Men's clothing chain Henderson plans to hold an IPO on the Moscow Exchange by the end of the year, sources told RBC. Company intends to place 10-15% of shares and raise about ₽3-4 billion. Thus, Henderson expects a valuation of ₽27-30 billion. Company revenue at the end of 2022 amounted to ₽12.4 billion, profit - ₽1.8 billion. EBITDA at the end of 2023 is expected to be ₽6.5 billion.