Navi Limited is preparing to launch the Indian initial public offering process and plans to raise up to INR 30 billion. The company has hired institutions such as JM Finance and Goldman Sachs Group as IPO consultants, with a target valuation of up to 2 billion US dollars. Navi plans to submit a prospectus by December; the current IPO is expected to issue only new shares, and existing shareholders will not transfer old shares.

Zhitongcaijing · 2d ago
Navi Limited is preparing to launch the Indian initial public offering process and plans to raise up to INR 30 billion. The company has hired institutions such as JM Finance and Goldman Sachs Group as IPO consultants, with a target valuation of up to 2 billion US dollars. Navi plans to submit a prospectus by December; the current IPO is expected to issue only new shares, and existing shareholders will not transfer old shares.