PE-backed stent maker decides to float, attracts banker pitches for IPO

A slew of bankers are angling for the underwriting business of an initial public offering (IPO) as India’s largest cardiac stent maker Sahajanand Medical Technologies Pvt Ltd (SMT) has decided to float itself on bourses, two persons told VCCircle. SMT, backed by Morgan Stanley and Samara Capital, has drawn pitches from ......