India: Rivendell PE to part exit auto parts firm Rolex Rings via IPO

India: Rivendell PE to part exit auto parts firm Rolex Rings via IPO

Source: Pixabay

New Silk Route (NSR), now known as Rivendell PE, may sell a chunk of its stake in auto parts maker Rolex Rings Ltd through an initial public offering (IPO) of the company, 14 years after it invested in the company.