Manappuram Finance Asirvad MF prepares for IPO
Asirvad Microfinance, a subsidiary of the listed non-banking monetary firm (NBFC) Manappuram Finance, is gearing up for an preliminary public supply (IPO) to boost round Rs 1,500 crore. The agency has chosen three funding banks, JM Monetary, Nomura, and Kotak Mahindra Capital, to handle the IPO. Asirvad Microfinance’s choice to go public comes because the … [Read more…]