Buyout funds KKR, TA Associates and Apax are among others that have been tapped since Peak XV initiated a plan to fully exit its nearly 13-year-old investment in Prataap and hired Deutsche Bank to sell the company. The transaction if successful will trigger an open offer for an additional 26% of the Indore-based company, which has been a laggard ever since its stock market debut in 2017 when it listed at a 33% premium. Prataap ended 1% down at ₹1,174.45 for a market value of ₹2,802.19 crore on Wednesday.
Dipan Mehta highlights capital goods and power as next market leaders
Dipan Mehta of Elixir Equities expresses disappointment in the banking sector’s recent performance, citing increased competition hindering growth. Excluding PSU banks, many NBFCs and private
August 13, 2025