Financial news

Foxconn's India files papers for Rs 50 billion IPO

23 Dec 2021

In this great time of bumper   IPO openings, one more big company's IPO is coming.  Foxconn joined the league and they want to raise around 50 billion.

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Foxconn proposed initial share sale by the maker of Xiaomi brand of mobile phones aims to raise 25 billion in fresh capital.

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After the successful launching of some big IPOs like Nykaa and Zomato. the more big firms also coming tap tap the public markets to raise funds.