India's biggest car dealer Popular Vehicles plans $100m listing
Popular, one of the biggest dealers for Maruti Suzuki, is set to be the first Indian auto dealership in a highly fragmented market to list.
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Popular, one of the biggest dealers for Maruti Suzuki, is set to be the first Indian auto dealership in a highly fragmented market to list.
The rest of the IPO will consist of Indian private equity fund BanyanTree Growth Capital cashing out by selling its entire 34% stake.
Popular Vehicles & Services, India's biggest auto dealer, is planning a $100 million listing next year, a source with direct knowledge of the matter said.
Popular Vehicles & Services is planning a $100 million listing next year, a source having direct knowledge of the matter said
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