State-owned Wapcos not to proceed with IPO, withdraws papers filed with Sebi

State-owned Wapcos not to proceed with IPO, withdraws papers filed with Sebi

State-owned Wapcos Ltd went back on its plans to launch an IPO and the issue was withdrawn on September 21, according to a processing status update with Sebi. The reason for the withdrawal is not known yet. The public sector firm had filed its draft red herring prospectus with Sebi in September last year. The … Read more