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As a part of the OFS, Norwest Venture Partners X-Mauritius and TPG Growth IV SF PTE Ltd will offload shares worth Rs 700 crore each, Evolvence Coinvest I will divest shares to the tune of Rs 75 crore and Evolvence India Fund III Ltd will sell shares worth Rs 25 crore. Get more IPO News and Business News on Zee Business.
Kotak Mahindra Capital Company, Jefferies India , Motilal Oswal Investment Advisors and Nomura Financial Advisory and Securities (India) are the book running lead managers to the issue.
SK Finance Ltd, an Indian NBFC engaged in used and new vehicle financing and secured business loans, said it has raised $159.9 million.
NBFC SK Finance has a diversified product portfolio, consisting of loan offerings in the categories of cars, commercial vehicles, tractors and two-wheelers, along with secured business loans.