S Chand and Company plans IPO in 2017

The company will continue to focus on inorganic growth, as it expands its presence across the country, according to reports.

Textbook-focused, publishing firm S Chand and Company is planning initial public offering next fiscal, says report.

Report says that the company plans to ramp up its portfolio of digital and print content and services.

The company will continue to focus on inorganic growth, as it expands its presence across the country, according to reports. 

"We estimate a requirement of about $150 million through external and internal accruals, as we look to reach 1,00,000 institutions over the next five years," Himanshu Gupta, joint managing director, S Chand was quoted as saying.