Mobile phone accessories maker Maxx Mobile is looking to raise Rs8bn (US$175m) through an IPO between now and October, according to the Times of India.
The Indian company has reportedly hired Enam Securities, Nomura and SBI Caps as lead bookrunners for…
Mobile phone accessories maker Maxx Mobile is looking to raise Rs8bn (US$175m) through an IPO between now and October, according to the Times of India.
The Indian company has reportedly hired Enam Securities, Nomura and SBI Caps as lead bookrunners for the offering. Maxx Mobile expects to use the proceeds of the sale to set up a handset manufacturing unit and kick off the company’s retail venture, local reports wrote.
The company did not respond to emails before the press deadline.
