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Findi Limited Appoints Lead Managers for Indian Subsidiary IPO

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Findi Limited Appoints Lead Managers for Indian Subsidiary IPO

Confident Investing Starts Here:

Findi ( (AU:FND) ) has shared an announcement.

Findi Limited has appointed DAM Capital Advisors Limited and Ambit Private Limited as Book Running Lead Managers for the IPO of its Indian subsidiary, Transaction Solutions International. This move is a significant step in Findi’s strategy to bring TSI to the public markets in India, aiming to unlock shareholder value. The IPO is targeted for completion by the end of 2026, aligning with Findi’s strategic roadmap. The involvement of DAM Capital and Ambit is expected to ensure an optimal outcome for all stakeholders involved.

The most recent analyst rating on (AU:FND) stock is a Buy with a A$7.17 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.

More about Findi

Findi Limited is a digital payments and financial services provider, focusing on integrating cash and digital economies. The company operates in the transaction banking services industry and is actively expanding its operations in India through its subsidiary, Transaction Solutions International (India) Pvt Limited.

Average Trading Volume: 195,228

Technical Sentiment Signal: Buy

Current Market Cap: A$236.1M

For detailed information about FND stock, go to TipRanks’ Stock Analysis page.

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