India: Foreign holding in Equitas to drop from 93% to 35% post IPO

India: Foreign holding in Equitas to drop from 93% to 35% post IPO

Visual from Equitas website

Foreign ownership in small finance bank licence holder Equitas Holdings Ltd, which currently stands at 92.64%, will drop to near 35% following its initial public offering (IPO), two people in know of the matter said.

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