India: State-backed EESL postpones IPO to April next year, looks to double revenue

India: State-backed EESL postpones IPO to April next year, looks to double revenue

A cashier displays Indian rupee banknotes inside a bank in Jammu Photo: Reuters

India’s state-backed Energy Efficiency Services Ltd (EESL) is delaying its initial share sale on expectations that an increase in its revenue will make the offering more attractive to investors.

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