India aims to raise $92m from Bharat Dynamics' upcoming IPO

India aims to raise $92m from Bharat Dynamics' upcoming IPO

A man looks up at an electronic ticker board that indicates stock figures at the Bombay Stock Exchange (BSE) in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

Public sector unit Bharat Dynamics Ltd on Monday filed the red herring prospectus for its initial public offering (IPO), which the company plans to launch in the coming weeks, said two people aware of the development.

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