SAIF-backed Senco files for $86m India IPO
Senco Gold, an Indian jewelry chain backed by SAIF Partners, has filed for an IPO, seeking to raise up to INR6 billion ($86 million).
The offer will consist entirely of freshly issued shares, according to Senco’s prospectus, and SAIF will not exit any of its holding. Senco plans to use the proceeds to increase brand penetration through...
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