India: Shriram Properties reduces IPO size to $103m

India: Shriram Properties reduces IPO size to $103m

Bengaluru, India. Photo by Dinker Gulati on Unsplash.

Shriram Properties Ltd has reduced to 750 crore the size of its proposed initial public offering (IPO), which it plans to launch after the Union budget in February, said a person directly familiar with the plans.

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