India: IFC-backed Polycab may soon file draft papers for $300m IPO

India: IFC-backed Polycab may soon file draft papers for $300m IPO

Photo: Reuters

International Finance Corp.-backed electrical goods maker Polycab will soon file its draft prospectus for an initial public offering (IPO), said two people aware of the development. The IPO will provide an exit route to its existing investors, they added.

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