Srei Infra to offer shares in equipment finance arm’s proposed IPO
Advertisement

Srei Infra to offer shares in equipment finance arm’s proposed IPO

By Ankit Doshi

  • 28 Nov 2017
Srei Infra to offer shares in equipment finance arm’s proposed IPO
Credit: Shah Junaid/VCCircle

Kolkata-based Srei Infrastructure Finance Ltd will sell 4.38 million shares in the proposed initial public offering (IPO) of its subsidiary Srei Equipment Finance Ltd, India’s largest equipment finance firm.

“The company has (Srei Infra) has decided to participate in the offer as selling shareholder,” the firm informed stock exchanges on Tuesday.

VCCircle had first reported that Srei Equipment Finance had appointed merchant bankers to manage the IPO.

Advertisement

To be updated...

Share article on

Advertisement
Advertisement
Google News Icon

Google News

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