India: Motilal Oswal PE-backed GR Infra seeks $2b valuation in IPO, to file DRHP

India: Motilal Oswal PE-backed GR Infra seeks $2b valuation in IPO, to file DRHP

Photographer: Prashanth Vishwanathan/Bloomberg

GR Infraprojects Ltd, an infrastructure developer backed by Motilal Oswal Private Equity, is seeking a valuation of close to $2 billion as it looks to file IPO documents with the markets regulator, three people aware of the development said.

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