Equitas seals first Indian IPO of financial year

Chennai-headquartered microfinance company kickstarts a potentially record breaking year for Indian equity issuance.

Microfinance company Equitas Holdings has kicked off a potentially record breaking year for Indian equity issuance, raising at least Rs21.6 billion ($327 million) from the first initial public offering of the 2016/17 fiscal year.

¬ Haymarket Media Limited. All rights reserved.

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