Avantha Power IPO Delayed To 4th Quarter Of FY12

Despite a year of filing the DRHP (draft red herring prospectus) with the SEBI, Avantha Power IPO appears like a far fetched dream.

Sources inform which the issue may get postponed to the 4th quarter of financial year 2012 due to non-conducive market situations.

Avantha power which has an present capability of almost two hundred megawatt was intending to pick up Rs 1,250 cr via the Initial public offering to finance the 1st stages of its thermal power work of 600 megawat every in Chhatisgarh and Madhya Prasesh. Sources say the firm has finished financial tie-ups to the projects.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

After Tax

After Tax After Tax When you are investing in loan tools such as bonds, debentures or fixed deposits, and when you are an incom_tax payer, it's ...…

IPO Prospectus?

IPO Prospectus? A lot of new firms move public issues. Although a lot of these firms are genuine, quite a few may wish to exploit the investors. ...…

What Is a Premium Price

What Is a Premium Price Securities are usually released in denominations of Rs 10, 20 or 50. This is called as the Par Value or Face Value as mentioned previously. ...…

What Is Face Value Of A Share And Debenture?

What Is Face Value Of A Share And Debenture? stated value given to a security by the company. For stocks, it's the original price of the share shown on the certificates for bonds, it's ...…

Mean For Preferential Issue

Mean For Preferential Issue A Preferential issue is an issue of stocks or of convertible securities through listed firms to a select number of person's under Section 81 of ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics