Bankers working on the $1bn IPO of Bharti Infratel are set to publish research this week, the first stage for the company’s initial public offering. A draft prospectus will also be submitted to the regulator and the exchanges for a month or more of scrutiny, meaning the IPO could launch in late November.
The submissions coincide with the start of pre-marketing to investors, which will go on for at least a month ― much longer than other jurisdictions like Hong Kong. The research published does not give valuation predictions, so the meetings with investors are even more important to help discover
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.