How MTech alumnus’ gift turned into Rs 112 crore IPO jackpot for IIT Madras
A share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute through the company's IPO. IIT Madras will sell half its gifted stake via the OFS while retaining the remaining shares, pr…
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A share gift from Indo-MIM founder and IIT Madras alumnus Krishna Chivukula is set to generate a Rs 112 crore windfall for the institute through the company's IPO. IIT Madras will sell half its gifted stake via the OFS while retaining the remaining shares, pr…
A stake gifted by an alumnus is about to hand IIT Madras a Rs 112 crore IPO windfall. The institute will sell nearly half its holding in Indo-MIM through the companys offer for sale (OFS), monetising…
Originally published by The Times of India. Read the full article →
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