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    HomeNewsOpinionWhat Novelis's IPO pricing means for Hindalco’s valuations

    What Novelis's IPO pricing means for Hindalco’s valuations

    The IPO will lead to a cash inflow of Rs 6700-7800 crore that could go up if the issue is oversubscribed. The eventual IPO price and its post-listing trend could play a bigger role in valuations

    Ravi Ananthanarayanan
    May 29, 2024 / 12:39 IST
    If Hindalco decides to dilute its stake in Novelis further, it could raise more cash.
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