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The IFC will gain substantially from Tata Capital's $2 billion IPO, selling shares nearly 13 times their initial value.
The International Finance Corporation (IFC) is set to make substantial gains from the upcoming $2 billion IPO of Tata Capital, selling 3.58 crore shares.
This move marks a significant exit from an investment made in 2011, yielding nearly 13 times the initial value.
The IPO, expected in October, will be the largest in India's financial sector and the Tata Group's second public listing after Tata Technologies in 2023.
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La IFC ganará sustancialmente de la IPO de 2 mil millones de dólares de Tata Capital, vendiendo acciones casi 13 veces su valor inicial.