According to a Moneycontrol report, the Maharashtra government-run power transmission utility, Mahatransco, is preparing to launch an IPO to raise ₹10,000 crore. If successful, this would mark the first time a state-owned enterprise in Maharashtra has launched an initial public offering. Citing sources, the report noted that the company is expected to target a valuation between ₹40,000 crore and ₹50,000 crore for the share sale.
by shortkt.com✓