India: Fairwinds PE eyes partial exit via Shankara Building Materials' $52m IPO

India: Fairwinds PE eyes partial exit via Shankara Building Materials' $52m IPO

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Shankara Building Materials Ltd is planning an initial public offering (IPO) of around Rs.350 crore to raise funds and allow investor Fairwinds Private Equity to sell a part of its stake, three people aware of the development said.

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