PNB Housing Finance to launch IPO in October2 min read 15 Sep 2016, 01:04 AM IST
Once launched, PNB Housing Finance's IPO will be 2016's second largest after ICICI Prudential Life Insurance's Rs6,000 crore initial share sale
Mumbai: PNB Housing Finance Ltd, the housing finance unit of state-run Punjab National Bank (PNB), plans to launch its Rs2,500 crore initial public offering (IPO) in October, said two people aware of the development. Once launched, it will be 2016’s second largest IPO after ICICI Prudential Life Insurance Ltd’s Rs6,000 crore initial share sale.
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