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

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 ...…

Bad Delivery

Bad Delivery Designation implying that a security doesn't fulfill all of the needs or have all the required endorsements to permit the certificate to be transferred to ...…

What Is Bear Market?

What Is Bear Market? [ad name="468x15- 5 link"] A bear market is happens when a major index encounters a drop of 20% or higher from the most recent high point. ...…

4 Blunders To Avoid While Stock Markets Fall

4 Blunders To Avoid While Stock Markets Fall The current outlook on the market seems utmost pessimistic on concerns of High crude oil prices, inflation, high interest hurting corporate earnings etc. Analyst on ...…

Longterm Investment Options

Longterm Investment Options Public Provident Fund, Post Office Savings Schemes, Company Fixed Deposits,  Mutual Funds, Debentures and Bonds are the best long term investment options for more details click ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV