Soach Global is set to make nearly 25 times return from a partial exit in the National Stock Exchange IPO, turning a decade-old investment of Rs 59.25 crore into a much larger payday. Soach Global Strategic Holdings, Mauritius, a wholly owned subsidiary of Soach Global Opportunities Fund, is selling 16.5 lakh NSE shares through the exchange’s offer for sale. The NSE IPO opened for subscription today.
The fund had bought 1.5 lakh NSE equity shares from Industrial Finance Corporation of India in January 2016 at Rs 3,950 per share, for a…
