• SENSEX
    NIFTY 50
Market

Polycab looks to raise about Rs 2,000 crore in IPO, says report

Updated : September 27, 2018 09:03 AM IST

IFC, the investment arm of World Bank, which has been investing in the company for a long time, will be selling a chunk of its shares.
IFC invested about $ 120 million to pick up 12 percent of shareholding in the company.
The company expects to raise capital for capex and debt repayment purposes through its IPO.
Polycab looks to raise about Rs 2,000 crore in IPO, says report
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV