BanyanTree-backed Rotomag kickstarts listing process, appoints bankers

By Sreeja Biswas

  • 05 Nov 2024
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Umesh Balani, CEO, Rotomag Motors

Gujarat-based electric motor manufacturer Rotomag Motors - backed by homegrown mid-market private equity firm BanyanTree - has appointed three investment banks as the company kicks off the process for its initial public offering, a person aware of the development told VCCircle. Rotomag Motors has appointed a mix of domestic and global banks, ......

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