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Education firm S Chand to Raise Rs 650 crore via IPO

Education firm S Chand to Raise Rs 650 crore via IPO

Monday, April 3, 2017, 9:43 AM

S Chand Group, the education company backed by the International Finance Corp. and Everstone Capital, will aim to raise as much as 650 crores in its initial public offering (IPO) in the second week of April. The IPO comprises of a fresh issue of Rs 300 crore, and an offer for sale of over 6,023,236 equity shares by the two private equity players.
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