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VVDN Technologies plans share sale worth up to five thousand crore rupees

Reported by Harshdeep Singh (Fact-Checker) · Livemint - Markets ·

VVDN Technologies plans share sale worth up to five thousand crore rupeesRepresentative image · Pexels

Electronics manufacturing services company VVDN Technologies is planning an initial public offering to raise between four thousand and five thousand crore rupees. The company expects to start formal talks with investment banks in the next quarter. Four people with knowledge of the matter shared this update. The proposed share sale will likely include a mix of new shares and an offer for sale. Company officials have already held informal talks with some investment banks.

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