Bharti Infratel pulls off India’s largest IPO in two years

The telecom tower operator raises $763 million in a busy week for Indian deals after attracting good demand from foreign investors.
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Bharti Airtel is the controlling shareholder and largest customer of Bharti Infratel, which is scheduled to start trading on December 28 (AFP)</div>
<div style="text-align: left;"> Bharti Airtel is the controlling shareholder and largest customer of Bharti Infratel, which is scheduled to start trading on December 28 (AFP)</div>

Bharti Infratel, one of India’s largest providers of telecommunication towers and other infrastructure, has raised about Rs41.719 billion ($763 million) from the largest initial public offering in India in two years.

¬ Haymarket Media Limited. All rights reserved.

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