India’s Vishal Mega Mart planning $1 billion IPO

 India’s Vishal Mega Mart planning $1 billion IPO


Enterprise & Finance

Reuters solely reported that India’s Vishal Mega Mart is planning a $1 billion preliminary public providing that might worth the price range grocery store chain at as much as $5 billion with a few of the proceeds earmarked so as to add shops. 

Market Impression

The plans come at a time when Indian inventory markets are buying and selling close to report highs and the benchmark NIFTY index has climbed 12% over the past six months. 

Article Tags

Subjects of Curiosity: Enterprise & Finance

Kind: Reuters Finest

Sectors: Retail & Client Items

Areas: Asia

Nations: India

Win Sorts: Exclusivity

Story Sorts: Unique / Scoop

Media Sorts: Textual content

Buyer Impression: Important Nationwide Story



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