Kedaara, Partners Group-owned Aavas files India IPO
Aavas Financiers, the former mortgage arm of Indian non-banking finance company Au Financiers acquired by Kedaara Capital and Partners Group in 2016, has filed for an IPO that will provide partial exits to both investors.
The offer will consist of an undisclosed number of new shares worth up to INR4 billion ($59 million), along with up to 16 million shares from current shareholders. Kedaara will sell nine million shares,...
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