The company has slashed its issue size and is likely to raise about Rs 950-1,000 crore through its initial stake sale. However, the company earlier was eyeing to raise about Rs 1,200-1,400 crore via its IPO.
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore
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