Renewable energy IPOs slated for launch include Mytrah Energy, ACME Solar Holdings and ReNew Power Ventures. Photo: BloombergMumbai: Renewable energy firm Mytrah Energy (India) Pvt. Ltd, backed by the Piramal Group, is likely to delist its holding company Mytrah Energy Ltd from the Alternative Investment Market (AIM) in London before moving ahead with a planned domestic initial public offering (IPO), two people aware of the development said. Mytrah Energy listed on AIM in October 2010 after raising $80 million from institutional investors. As of the market close on 23 October, Mytrah Energy had a market capitalization of just £43.16 million ($56.76 million).

Source: Mint October 24, 2017 18:57 UTC