Indian outsourcing firm prices US IPO at top end
The size of the WNS offering increased to $224 million as heavy oversubscription allowed British Airways to sell all its shares.
The strong interest in the roadshow for IndiaÆs first business process outsourcing BPO firm to seek a public listing did convert into actual orders at a rate which allow the company both to increase the size of the deal and to price it at the top of the range.
WNS Holdings raised $224 million after fixing the price at $20 per unit, although only 40% of that will go to the company as the rest of the offering consisted of...
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