BSE IPO to hit mkt before March 2008 ~ IPO India: IPO News India, Latest IPO News from Share Market India, Indian IPO News

Wednesday, November 14, 2007

BSE IPO to hit mkt before March 2008

According to sources, the Bombay Stock Exchange (BSE) is thinking of launching Sensex futures on Deutsche Bourse & SGX. The BSE IPO will hit the market before March ’08, they add. The BSE will expand its equity by 10% for IPO, sources say. The BSE will raise over Rs 500 crore for the IPO. Sources add that the BSE will enter a strategic tie-up with ASE (Ahmedabad Stock Exchange). ASE members may be able to access BOLT post tie-up, they say. The BSE tie-up with KSE (Kolkata Stock Exchange)& ASE will revive derivative segment, sources estimate.

Source: Moneycontrol.com

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