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ACME to Reduce its IPO Size from ₹22 Billion to ₹10-15 Billion

The company had filed its draft papers with SEBI in October 2017

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ACME Solar Holdings, an Indian renewable energy developer, has decided to re-evaluate its proposed Initial Public Offering (IPO). The company is going to downsize the IPO from ₹22 billion ($0.32 billion) to ₹10-15 billion ($147-219million), according to a Reuters report.

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