Svatantra Microfin Seeks 30 Billion Rupee IPO in India
Svatantra Microfin has filed draft papers for an initial public offering totaling 30 billion rupees ($314.33 million). The plan calls for up to 15 billion rupees from new share issuance and an equal amount from existing shareholders Advent International and Multiples. The filing comes as India’s primary market rebounds after a weak first half of th…