Sansera Engineering hires quartet for $220m IPO

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By Jonathan Breen
23 May 2018

Auto components maker Sansera Engineering has mandated four firms to lead its India IPO, which could raise up to Rp15bn ($219.9m), according to a banker on the deal.

The syndicate comprises Credit Suisse, ICICI Securities, IIFL Holdings and Nomura. They are expected to start preliminary meetings with the issuer this week, said another banker working on the IPO.

The Bengaluru-based company, backed by US asset manager The Rohatyn Group, plans to list by November. It is ...

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