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Indian shrimp exporter Nekkanti abandons IPO

The firm has bought back shares issued in a fundraising round before its planned initial public offering in India

By Undercurrent News | Dec. 5, 2018 10:08 GMT
Workers peel shrimp at a processing factory. Credit: Norjipin Saidi / Shutterstock.com
Workers peel shrimp at a processing factory. Credit: Norjipin Saidi/Shutterstock.com
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Indian shrimp exporter Nekkanti Sea Foods has abandoned its planned initial public offering (IPO), said sources aware of the development, reports Mint.  [...]

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