With plans aimed at opening out to a larger subcontinent in the future, Brandix-managed Textured Jersey has expansion plans in mind following the Initial Public Offering (IPO) in July. The IPO, set to raise US$11 million or Rs.1.2 billion at Rs.15 per share from 80 million shares amounting to 12.2% of the company, will be used to increase its capacity and engage in an expansion worth US$13-14 million, Brandix CEO Ashraff Omar told the Business Times on Thursday.