A peek into IFC’s returns as it looks to trim stake in Angel Broking via IPO

By Ankit Doshi

  • 18 Sep 2020
Premium
Credit: Pexels

International Finance Corporation (IFC) is selling nearly a third of its stake in Angel Broking Ltd and will walk away with moderate returns from one of its longest-running bets in India through the company’s initial public offering. Mumbai-based Angel Broking has set a price band of Rs 305-306 per share for ......

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