Bharti Infratel pulls off India’s largest IPO in two years

The telecom tower operator raises $763 million in a busy week for Indian deals after attracting good demand from foreign investors.
<div style="text-align: left;">
Bharti Airtel is the controlling shareholder and largest customer of Bharti Infratel, which is scheduled to start trading on December 28 (AFP)</div>
<div style="text-align: left;"> Bharti Airtel is the controlling shareholder and largest customer of Bharti Infratel, which is scheduled to start trading on December 28 (AFP)</div>

Bharti Infratel, one of India’s largest providers of telecommunication towers and other infrastructure, has raised about Rs41.719 billion ($763 million) from the largest initial public offering in India in two years.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media