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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, preserving upside after the listing.
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thehindubusinessline.com
IIT Madras to reap ₹112 crore from Indo-MIM IPO
IIT Madras to gain ₹112 crore from Indo-MIM's ₹3,812 crore IPO, set at ₹461-485 per share.
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economictimes.indiatimes.com
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…