• Monday, May 23, 2022

Business

Indian stock exchange seeks $182 million through IPO

Ashish Chauhan

By: Eastern Eye Staff

The Bombay Stock Exchange will seek to raise $182 million (£148 million) through an initial public offering next week, its chief executive said on Tuesday (17). The IPO will open on January 23 and last three days, with shares priced at Rs 805 ($11.84, £9.61) and Rs 806 , the director and chief executive of the Bombay Stock Exchange, Ashish Chauhan, told a press conference in India’s commercial capital Mumbai. “I urge investors to study, go through all the details and then invest,” Chauhan said, adding that the BSE hopes to raise 12.43 billion rupees ($182 million) through the flotation.…

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