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Milestone Capital Withdraws DRHP; IPO Plans Derailed

BY  Sibi Sathyan
The PE firm had proposed to use the IPO proceeds to seed an infrastructure and SME-focussed fund.

 

In a setback to its public market debut, private equity firm Milestone Capital today said it had withdrawn its draft red herring prospectus for the proposed initial public offering. The firm had filed the DRHP with market...

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