MahaTransco said to pick Axis to lead $1 billion IPO, eyes June 2027 listing
A ipo & listings development with market-wide reach.
· LiveMint Companies
Maharashtra’s state transmission utility is said to have selected a syndicate of merchant bankers for a share sale expected by June 2027, as electricity demand rises and state-backed IPOs gather pace.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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