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KM Financial Solutions | India’s state-run Hindustan Aeronautics IPO hits turbulence
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India’s state-run Hindustan Aeronautics IPO hits turbulence

19 Mar India’s state-run Hindustan Aeronautics IPO hits turbulence

Posted at 16:37h in News by
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MUMBAI/BENGALURU, March 20 (Reuters) – Indian state-run
Hindustan Aeronautics Ltd’s initial public offering (IPO) of a
10 percent stake received a tepid response from investors who
had subscribed for just 99 percent of shares, data released
after Tuesday’s deadline for bids showed.

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