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    HomeNewsBusinessCompaniesExit Mode: ICICI Venture Sells 10% In VA Tech Wabag

    Exit Mode: ICICI Venture Sells 10% In VA Tech Wabag

    ICICI Ventures has made yet another part exit from its investment in engineering services company VA Tech Wabag that focuses on water and waste water treatment with a multi-bagger.

    January 11, 2011 / 18:41 IST

    ICICI Ventures has made yet another part exit from its investment in engineering services company VA Tech Wabag that focuses on water and waste water treatment with a multi-bagger. The private equity fund has sold 10% out of its remaining 14.6% (held through two funds) in the company earning Rs 162.6 crore with 7.5x gross returns.


    ICICI Ventures has encashed Rs 297 crore through IPO and latest share sale with its remaining stake worth Rs 74 crore against a total investment of Rs 55 crore.

    While ICICI Ventures
    first published: Jan 11, 2011 02:55 pm

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