RMZ Corp Considering $1 Billion IPO
RMZ Corp., one of India’s leading real estate developers, is contemplating an initial public offering (IPO) that could raise up to $1 billion, according to sources familiar with the situation. This move could set the stage for one of the country’s largest real estate listings. The Bengaluru-based firm has initiated preliminary discussions with bankers about the potential listing, as stated by anonymous sources due to the confidential nature of the discussions. The IPO is expected to occur later next year. RMZ has not yet officially appointed advisers, and critical factors such as timing, structure, and overall size of the offering…