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Prince Pipes gets mid-market PE firm on board; snips IPO size again

By Ankit Doshi

  • 13 Dec 2019
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Prince Pipes gets mid-market PE firm on board; snips IPO size again
Credit: Thinkstock

PVC pipes maker Prince Pipes and Fittings Ltd has raised funding from a mid-market private equity firm even as it reduced the size of its initial public offering for a second time. Prince Pipes raised Rs 106 crore ($15 million at current exchange rate) a fortnight ago by issuing compulsorily convertible ......

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