PE firms eye exit as Trimax IT Infrastructure files for IPO
India’s Trimax IT Infrastructure plans to go public, facilitating a partial exit for PE backers Aditya Birla Private Equity (ABPE), Zephyr Peacock India and BanyanTree Growth Capital.
According to a draft red herring prospectus filed with the Securities & Exchange Board of India (SEBI), the company will issue 6 million new shares and sell 7 million existing shares. ABPE currently...
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