New Delhi, May 26 -- Brookfield Asset Management-backed Altius Telecom Infrastructure Trust is preparing to file its draft red-herring prospectus (DRHP) for a Rs 6,000-crore (around $629 million) IPO by end-May or early June, Moneycontrol reported, citing people aware of the matter. Altius, an infrastructure investment trust (InvIT), is India's second-largest telecom tower operator.
JM Financial, Kotak Mahindra Capital, Axis Capital, Citi and Jefferies are managing the listing, per the report.
Zepto
Quick-commerce platform Zepto is gearing up to publicly file IPO papers in the first half of June, targeting a fundraise of up to $1 billion (around Rs 9,542 crore), Bloomberg reported, citing people aware of the matter.
The quick-commerce firm plans to kick off investor roadshows later next month, with an IPO launch targeted as early as July. Details including deal size and timing remain subject to change, per the report.
Published by HT Digital Content Services with permission from VC Circle.