Indian IPOs at full throttle as 2018 activity begins

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By John Loh
04 Jan 2018

The Indian IPO market has started the new year with a flourish, with the FIG sector looking especially busy as Bandhan Bank and ICICI Securities kicked off investor meetings.

Bandhan Bank will begin pre-marketing its flotation around the end of January, said bankers arranging the deal. The bookbuild is slated for launch in March, mirroring the timetable for ICICI Securities’s Rp30bn ($473m) transaction.

Bandhan, a microlender-turned-commercial bank, is aiming to raise $675m-$700m from selling both new and ...

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