Govt has selected 4 merchant bankers for BHEL FPO

The sale of 5 % share in power equipment manufacturer BHEL is anticipated to mop up more than Rs 4,700 for the govt. The govt has selected 4 merchant bankers –DSP Merrill Lynch, Morgan Stanley, ICICI Securities and Kotak Mahindra Capital — for BHEL’s FPO.

BHEL FPO is expected to_hit market during the Diwali time period

Tags; bhel fpo open date, start date, bhel fpo subscription time period

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