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The Economic Times
The Economic Times

Upstox begins talks with investment banks for $350-400 million IPO; crosses 2 crore customers

Investment platform Upstox has initiated preliminary discussions with investment banks for a potential initial public offering (IPO) for raising around USD 350-400 million (around Rs 3,351-3,829 crore), sources said.

The proposed IPO is likely to comprise a combination of fresh shares and an offer-for-sale by existing investors, they added.

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