Creador-backed Vectus files India IPO
Vectus Industries, an India-based maker of water storage and piping products, has filed for an IPO that will provide a full exit for its private equity backer Creador.
The offering will comprise new shares worth INR850 million ($12.5 million) and for sale of 3.9 million shares held by existing shareholders, of which 2.8 million are owned by Creador. Pricing terms have...
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