After delisting from the Indian bourses in November 2020, the software services company returned to the capital market by selling shares worth ₹8,750 crore in the IPO last week, making it the largest Indian IT services IPO exceeding Tata Consultancy Services’ ₹4,713 crore public issue in 2004.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment