Vectus Pipes puts IPO on hold; key investor partially exits via buyback
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Vectus Pipes puts IPO on hold; key investor partially exits via buyback

By Swet Sarika

  • 22 Jan 2021
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Vectus Pipes puts IPO on hold; key investor partially exits via buyback
Credit: Pixabay

Plastic water tank and pipes maker Vectus Industries Limited has put its initial public offering (IPO) plans on the backburner but that hasn’t stopped its key investor from bagging a partial exit through a buyback, two people close to the development told VCCircle. The company recently bought back around 12% stake ......

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