Nabarro takes Indian client through Aim IPO
Nabarro has advised an Indian biofuel producer on its £16m IPO on Aim. On 9 November Nandan Cleantec, backed by billionaire investor Rakesh Jhunjhunwala, raised £16.1m on Aim. According to the London Stock Exchange, ordinary shares were issued at 60p, valuing the company at around £166.1m. Nandan, which is based in Hyderabad, is a vertically integrated biofuel producer […]