How much did PE investors pocket in TeamLease IPO

By Shruti Ambavat

  • 09 Feb 2016
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Credit: ThinkStock

The recently concluded initial public offering (IPO) of staffing firm TeamLease Services Ltd didn’t just see bumper subscription despite rich asking valuations and a volatile stock market. It also produced juicy returns for its private equity investors.Mid-market home-grown PE firm Gaja Capital first invested in TeamLease in 2010 and reinvested ......

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