Info Edge raises $124m from follow on

India's largest online job site received solid uptake from a follow-on offering on Friday, buoyed by strong share performance.

Info Edge raises $124m from follow on

Info Edge, India’s largest online job site, raised Rs7.5 billion $124 million from a follow-on offering Friday.

The company, the country’s first internet company to go public nearly eight years ago, priced 10.1 million primary shares at Rs740 per share, a 3.5% discount to the September 4 close of Rs765.7 per share.

The final price of Rs740 per share is towards the middle of its indicative Rs730 to Rs755 per share range,...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...