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Sify Infinit Is Said to Put $391 Million India IPO on Hold

Sify Infinit Is Said to Put $391 Million India IPO on Hold
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Sify Infinit Is Said to Put $391 Million India IPO on Hold Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sify Infinit Spaces Ltd. has put its planned 37 billion rupee ($391 million) initial public offering on hold, according to people familiar with the matter, adding to a growing list of companies delaying share sales because of India’s weak stock market.

Sify Infinit Is Said to Put $391 Million India IPO on Hold Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here. Sify Infinit Spaces Ltd. has put its planned 37 billion rupee ($391 million) initial public offering on hold, according to people familiar with the matter, adding to a growing list of companies delaying share sales because of India’s weak stock market.
Sify Infinit (PERSON) Markets Daily India (ORG) Sify Infinit Spaces Ltd. (ORG) India (LOCATION)
Originally published by Bloomberg Markets Read original →