PTC India Financial Services plans IPO
PTC India Financial Services, a 100 per cent subsidiary of PTC India Ltd, would enter the capital market to raise Rs 700-800 crore, a company official said.
Director of PTC India Financial Services Ashok Haldia said that the fund raising would be done to support business operations of the company.
He said that the money could be either raised by IPO or through a mixture of IPO and PE funding.