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Markets / The Economic Times

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Torrent Gas hires Citi, two others for $450 million IPO

Torrent Gas Ltd. has appointed Axis Bank, Kotak Mahindra Capital, and Citigroup to manage its planned initial public offering, which could raise up to $450 million. The city-gas distributor aims to use the proceeds for capital expenditure and debt reduction, amidst a busy IPO market in India.

2 Dec 2025 11:50 am