₹2,400 crore and an equity value of around ₹1,000 crore. Actis is looking at the entire piece, including the EPC business," said one of the people mentioned above.A deal’s value can be calculated on the basis of either enterprise value (EV) or its equity value.
EV is the value based on market capitalization of a company’s equity, total debt and cash reserves. “The EPC business may command an equity value of around ₹2,500 crore," said the second person.