Maharashtra State Electricity Distribution Co. has shortlisted six investment banks for a planned initial public offering that could raise between $500 million and $1 billion, according to Bloomberg.
The power distribution company serves India’s richest state, Maharashtra, and is moving ahead with preparations for the listing, people familiar with the matter said.
STOCKS | Maharashtra State Electricity Distribution Co. Shortlists Banks for Up to $1 Billion IPO
2026-07-22 07:55:59
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