The offering, which even at the low end will be the second largest IPO by an Indian company this year after property developer DLFÆs $2.4 billion deal in June, stands out since it is the only equity offering of this size that is being publicly marketed in Asia at the moment. At first glance this does seem like a brave endeavour given that many investors are still focused primarily on de-risking their portfolios.
As IndiaÆs leading...
¬ Haymarket Media Limited. All rights reserved.