If the stock does not manage to perform well, it is likely to impact valuations of the entire ecommerce sector
Infibeam is considering tapping the equity markets with a Rs 450 crore issue, the first e-commerce IPO in the country
Infibeam, which typically, targeted customers in India said it will now start looking at Europe and West Asia as well to increase its customer base
The company has fixed the price band at Rs 360-432 per equity share for the IPO