Bharti Infratel IPO research printing this week

12 Sep 2012

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 ...

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