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Business News/ Companies / News/  Multiples PE, Aditya Birla PE sold IEX shares just ahead of IPO launch
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Multiples PE, Aditya Birla PE sold IEX shares just ahead of IPO launch

Aditya Birla Private Equity and Multiples PE sold Indian Energy Exchange shares worth Rs103 crore in private transactions just a couple of days before the IEX IPO

Multiples PE founder and MD Renuka Ramnath. Investors selling shares, in private transactions, just before the opening of an IPO is a rare event. Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)Premium
Multiples PE founder and MD Renuka Ramnath. Investors selling shares, in private transactions, just before the opening of an IPO is a rare event. Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)

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ABOUT THE AUTHOR
Swaraj Singh Dhanjal
" Based in Mumbai, Swaraj Singh Dhanjal is responsible for Mint’s corporate news coverage. For the past eight years he has been writing on the biggest deals in private equity, venture capital, IPO market and corporate mergers and acquisitions. An engineer and an MBA, he started his journalism career in 2014 with Mint. "
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