MUNDRA IPO

Mundra Port & Special Economic Zone Limited intends to raise ¢ 310m ($421m) via an IPO, which would be the first time any Indian port operator has used this method as a means of raising finance.The IPO is scheduled for the second quarter and money raised will be invested in expanding facilities.

Mundra Port & Special Economic Zone Limited intends to raise ¢ 310m ($421m) via an IPO, which would be the first time any Indian port operator has used this method as a means of raising finance.The IPO is scheduled for the second quarter and money raised will be invested in expanding facilities.