Avantha Power & Infrastructure Ltd IPOs



Avantha Power and Infrastructure ipoAvantha Power & Infrastructure Ltd is entering into the capital markets with an initial public offering, The IPO issue open on Oct 11, 2010 and end on Oct 14, 2010, Avantha Power & Infrastructure raise nearly Rs 1250 Crore -through the IPO issue , The price band for that issue and Fase value come later.

Avantha Power and Infrastructure is the Part of the Avantha Group, which is a power generating company, Avantha Power expects to possess overall installed ability of 3,911 MW when all of it’s projects under implementation and development begin commercial operation.Avantha power plant as well as gas plant’s are situated at Ballarpur and Bhigwan in Maharashtra, Yamuna Nagar in Haryana, Sewa in Orissa and Malanpur in Madhya Pradesh.

The proceeds of ‘ Avantha IPO ‘ will be utilized to partially funding the cost of development and construction of Chhattisgarh Power Project Phase and Madhya Pradesh Power Project Phase. The equity stocks of the firm are planned to be listed on the BSE and NSE.

Axis Bank Limited , Enam Securities , Citigroup Global Markets India , Kotak Mahindra Capital Company ltd are book running lead managers for Avantha Power and Infrastructure ltd IPOs.

more update come later……..

Avantha power & infrastructure ipo, initial public offering  of  avantha power & infrastructure ltd, ipo info ,  Avantha power infrastructure ipo allotment, ipo status

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Primary Markets?

Primary Markets? The market in which investors have the initial opportunity to buy a newly issued security ( IPO ). Companies and other groups obtain financing through ...…

Type of share (stock)

Type of share (stock) Stocks are divided into two types there are common stock and preference stock The common share (ordinary shares), which give the right to ...…

Stock Exchanges in India

Stock Exchanges in India Bombay Stock Exchange Ltd. Phone no; 022 22721234 Fax no; 22722082. Web id;  www.bseindia.com Address; Phiroze Jeejeebhoy Towers , ...…

Preference Shares

Preference Shares Dividend that is first paid to preference shareholders before any dividends are paid to common stock holders, This shares represent partial ownership in a company ...…

Initial Public Offer

Initial Public Offer Initial Public Offer. The initial sale of share by a firm for the public. The commonest reason for a firm to start an IPO is ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics