PE-backed CSB files for India IPO
CSB, an Indian private bank with several private equity backers, has filed for an IPO that is expected to raise at least INR300 million ($4.2 million). It is the first PE-backed IPO filing in more than nine months.
According to the prospectus CSB will issue an undisclosed number of fresh shares, along with an offer for sale of up to 19.8 million shares from a number of existing shareholders. Pricing for the shares...
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