JM Baxi plans as much as Rs 2,500 crore IPO

JM Baxi plans as much as Rs 2,500 crore IPO

[ad_1] Mumbai: Mumbai-based logistics agency JM Baxi Group plans to boost ₹2,000-2,500 crore by way of an preliminary public providing, individuals conscious of the event mentioned. JM Baxi, backed by international non-public equity fund Bain Capital, could also be valued at ₹8,500-9,000 crore on this public providing, they mentioned. Bain will make a partial exit, … Read more