PE fund, former Warburg exec’s firm bet on Prince Pipes as IPO crosses one-fourth mark
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PE fund, former Warburg exec’s firm bet on Prince Pipes as IPO crosses one-fourth mark

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PE fund, former Warburg exec’s firm bet on Prince Pipes as IPO crosses one-fourth mark
Credit: 123RF.com

PVC pipe manufacturer Prince Pipes and Fittings Ltd has raised Rs 150 crore ($21.1 million at current exchange rates) from a bunch of anchor investors including a mid-market private equity firm. The Oman India Joint Investment Fund (OIJIF) acquired 2.8 million shares, or a third of the shares reserved for anchor ......

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