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Prince Pipes plans to raise Rs 800 cr via IPO

The firm got a go-ahead from the Sebi

IPO
For some sovereign wealth funds such as Temasek, GIC or ADIA , India has always been a key territory
Press Trust of India New Delhi
Last Updated : Nov 07 2017 | 12:43 AM IST
Prince Pipes and Fittings has received Sebi's go ahead to raise an estimated Rs 800 crore through an initial public offering (IPO), latest update with market regulator showed.

The firm had filed draft papers with Sebi in September and obtained its “observations” on November 3, which is very necessary for any company to launch a public offer.

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First Published: Nov 07 2017 | 12:41 AM IST

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