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AZB & Partners Advises International Finance Corporation

AZB & Partners Advises International Finance Corporation

Wire and cable maker Polycab India have filed draft papers with capital markets regulator SEBI to float an initial share-sale. Initial public offering of equity shares of face value of INR 10 each (“Equity Shares”) of Polycab India Limited (“Issuer”), comprising of a fresh issue aggregating up to INR 5 Billion by Issuer and an offer for sale of up to 24,886,823 Equity Shares by certain of its existing shareholders, including up to 10,588,223 Equity Shares by IFC.AZB & Partners advised International Finance Corporation in the transaction. Team from the firm includes Madhurima Mukherjee, Partner; Namita Das, Senior Associate and Shivali Singh & Kirtikar Srivastava, Associate

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