Gaja Capital’s ₹550 cr IPO to mark India’s first listed PE firm
Summary
- Gaja Capital is set to launch its Initial Public Offering (IPO) worth ₹550 crore.
- The IPO will make Gaja Capital India's first listed Private Equity (PE) firm.
- The price band for the IPO has been fixed between ₹152 to ₹160 per equity share.
Key Facts
- · IPO worth ₹550 crore
- · India's first listed PE firm
- · Price band: ₹152 to ₹160 per equity share
- · Lot size: 93 shares or multiples thereof
Why it matters
This development is significant as it marks a new milestone in India's financial sector, allowing a Private Equity firm to be listed, which can lead to increased transparency and accessibility for investors.
#IPO#Private Equity#Gaja Capital#Indian economy#financial sector