IPO Update by Money Maker Research: SREI Equipment Finance to divest 25% stake via IPO

SREI Infrastructure Finance Ltd is considering an Initial Public Offering (IPO) for its equipment finance unit to a maximum of 25% stake paid up capital.  SREI Infrastructure Finance expects that after its public offer (IPO) there will be no need for additional funds for next 3-4 years.  It expects to raise Rs 1,800 – 2,000 Cr, through the offer.

Money Maker Research