Avantha Power and Infrastructure obtained an approval for ipo

Avantha Power and Infrastructure, (Avantha Group) has obtained an approval from SEBI to its IPO,It’s a power generation firm with 2,400 MW of generating capacity under Avantha Power and Infrastructure iponumerous stages of implementation,

According to draft prospectus, the firm aims to increase Rs 1,250 crore by IPO issue.( info)
objects of this ipo issue are to part of fund the development as well as construction of Chhattisgarh Power Project Phase I; Madhya Pradesh Power Project Phase I; and fund outlay for common company purposes.

Promoter group keeps 99.69per cent stake in the firm,

Indian ipo news and info for investors

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

What Is A Issue Price?

What Is A Issue Price? The price where a firm's shares are provided at first in the primary market is known as the Issue price. When they start to be ...…

Important Share Trading Techniques

Important Share Trading Techniques Share market is one of the buying and selling areas where one can obtain a enormous profit. There are tons of people who earn enormous ...…

No Risk Mutual Fund

No Risk Mutual Fund Plenty of monetary advice written on the web thinks that the viewer is actually very logical, the stock market is very rational, and almost everything ...…

Common shares

Common shares Common shares are standard shares with no particular restrictions or rights and have the potential to provide the highest financial gain, but ordinary shares (common ...…

Who controls the Securities Market?

Who controls the Securities Market? The responsibility for controlling the securities-market is shared by DEA (Department of Economic Affairs), DCA (Department of Company Affairs ), RBI (Reserve Bank of India ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics