IFC to make modest returns from partial exit in IPO of electrical goods firm
Advertisement

IFC to make modest returns from partial exit in IPO of electrical goods firm

By Ankit Doshi

  • 02 Apr 2019
Premium
IFC to make modest returns from partial exit in IPO of electrical goods firm
Credit: Thinkstock

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, will walk away with modest returns by selling nearly half its stake in Polycab India Ltd’s upcoming initial public offering (IPO). The Mumbai-based electrical equipment maker has set a price band of Rs 533-538 apiece for the public float that opens ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News