Cox & Kings

Cox & Kings plans to raise $100 million through IPO

Cox & Kings plans to raise $100 million through IPO

Tour operator Cox & Kings (India) Ltd is planning to revive itself by going for an initial public offering (IPO), which is expected to raise $100 million.

Cox & Kings has already initiated the process for an IPO as the company has filed the preliminary draft red herring prospectus with market regulator Sebi. The company had also tried last year to go for an IPO, but the adverse market conditions had compelled it to drop the idea.

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