Company Hires Citi & Two Others As Merchant Bankers
In a move signalling growing investor appetite for India’s energy and infrastructure sector, Torrent Gas, the city gas distribution arm of the Torrent Group, has appointed Citigroup, Axis Bank, and Kotak Mahindra as lead managers for its planned IPO that could raise as much as USD 450 million (~INR 4,000 crore), according to Economic Times. […]
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