GSPC IPO likely by Jan; plans to raise $1 Bn ~ IPO India: IPO News India, Latest IPO News from Share Market India, Indian IPO News

Thursday, September 18, 2008

GSPC IPO likely by Jan; plans to raise $1 Bn

GSPC is likely to come out with an IPO by January 2009 and is planning to raise USD 1 billion through this IPO, reports CNBC-TV18 quoting NewsWire18.

The company may divest up to 15% stake in IPO.

GSPC is a parent company of listed Gujarat State Petronet.

Source: Moneycontrol.com

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