Infra.Market Lines Up 8 Investment Bankers For $700 Mn IPO

Infra.Market Lines Up 8 Investment Bankers For $700 Mn IPO

SUMMARY

The company has shortlisted Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, among others as advisors for the IPO

The company’s IPO can be in the range of $500 Mn to $700 Mn. The IPO size can increase further “depending on market conditions”

Founded in 2016, Infra.Market operates a marketplace for construction products and manages the entire value chain from manufacturing to logistics

B2B ecommerce marketplace Infra.Market has reportedly lined up as many as eight investment banks to helm its $700 Mn initial public offering (IPO). 

The startup has shortlisted Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services and Nuvama Wealth Management as advisors for its public listing, Moneycontrol reported citing sources.

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