India’s Vishal Mega Mart planning $1 billion IPO

Enterprise & Finance
12 March 2024, 11:18 am 1 minute
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