Mahanagar offers hefty discount for Rp10bn IPO

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Mahanagar offers hefty discount for Rp10bn IPO

Jonathan Breen
June 21, 2016 10:00 am
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Mahanagar Gas has opened books for its Rp10.4bn ($154.3m) Indian IPO with a valuation that is less than half the average in the utilities sector.

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Equity IPOsEquityCitiIndiaAsia Follow-ons and Rights IssuesAsiaFollow-ons and Rights issuesEmerging Markets
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Jonathan Breen
Equities editor GlobalCapital Asia
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