Idea to raise up to $642 mn in IPO
Idea Cellular Ltd expects to raise up to Rs 28.75 billion ($641.7 million) in an initial public offering, the firm said in a regulatory filing. Idea did not say how much stock it planned to sell, but said it proposed to complete 15 per cent of the planned fund raising through a pre-IPO placement to a few institutions.
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Idea Cellular Ltd expects to raise up to Rs 28.75 billion ($641.7 million) in an initial public offering, the firm said in a regulatory filing. Idea did not say how much stock it planned to sell, but said it proposed to complete 15 per cent of the planned fund raising through a pre-IPO placement to a few institutions.
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Please share your views and post your comments on Idea to raise up to $642 mn in IPO below!