Viom Networks plans to push back IPO to April 2016

Viom's board will meet in August to take a final call on the IPO depending on prevailing market conditions.

Jul 09, 2015 06:07 IST India Infoline News Service

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Viom Networks is planning to push back its initial public offering, to March-April next year because market conditions are not as buoyant, according to reports.
A report says that Viom's board will meet in August to take a final call on the IPO depending on prevailing market conditions.
Viom was earlier mulling an IPO by December 2015 to fund growth plans. 
The company was looking to raise over Rs. 1,000 crore to fund tower site expansion. 

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