Valmiki Leela Capital eyes Rs 3,000-cr IPO pipeline after maiden mainboard mandate

NEW DELHI: (Sep 15) Valmiki Leela Capital on Tuesday said it is building an IPO pipeline worth around Rs 3,000 crore over the next 12 to 18 months after completing its maiden mainboard mandate, as the merchant banker expands its investment banking business across various sectors.

The Sebi-registered Category I merchant banker completed its first mainboard assignment with the Rs 460-crore initial public offering (IPO) of Deepa Jewellers, marking its entry into the mainboard issue segment.

Deepa Jewellers is a Hyderabad-based B2B gold jewellery platform.

Source : Valmiki Leela Capital eyes Rs 3,000-cr IPO pipeline after maiden mainboard mandate