Home Tag "Acme Solar cuts IPO size to Rs 10 bn-Rs15 bn"

Acme Solar cuts IPO size to Rs 10 bn-Rs15 bn

The company started pre-marketing the IPO last October and was targeting a launch early this year. ​​However, investors were not willing to pay the valuation demanded by the issuer. SINGAPORE: Indian renewable energy company Acme Solar Holdings has downsized its proposed IPO to Rs10bn-Rs15bn (US$147m-$219m) from Rs22bn as it plans to sell some of its […]