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 VenturesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
