Companies delay IPO plans to avoid LIC clash

A chemicals company, which had received markets regulator Sebi’s approval to float an initial public offering (IPO), is going slow with its equity-raise plans, thanks to LIC’s forthcoming mega listing that is expected to suck out $10-billion from the system.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/O2a3Tdg
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