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IFC to sell nearly one-third stake in Angel Broking via IPO

By Ankit Doshi

  • 05 Sep 2018
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IFC to sell nearly one-third stake in Angel Broking via IPO
Credit: Bhakti Nair/VCCircle

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, will make a partial exit from Angel Broking Ltd as the Mumbai-based company filed its draft documents for an initial public offering (IPO). Angel Broking’s total IPO size is Rs 600 crore ($84 million) for a roughly 24% stake ......

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