Jindal Power IPO to be launched by end-Dec
Tuesday, 14 December 2010
KOLKATA, Dec 13 (Reuters): Jindal Power, a unit of Jindal Steel & Power Ltd, is likely to launch its initial public offering (IPO) by the end of this month, executive director of the parent company, OP Jha, said Monday.
Jindal Power had filed papers for the 72-billion rupee ($1.6 billion) initial public offer in December last year, joining a raft of energy firms that have tapped the Indian stock market.
Jindal Power had filed papers for the 72-billion rupee ($1.6 billion) initial public offer in December last year, joining a raft of energy firms that have tapped the Indian stock market.