MPS Group Plan For IPO

Power projects which are anticipated to go on flow in TN (Tamil Nadu) within the next year or two, MPS Group ideas for the 300 MW power project in south Tamil Nadu – Thoothukudi district.

Director Prabhu Paramasivam, said the firm may come forth with an initial public offer during the following fiscal in order to partfinance the work but hastened to include which the size of the public issue, the merchant bankers for it etc are not finalised. He considered that these projects would assist his MPS group, which has a powerful position in mines and steel, to fulfill its own power needs apart from making 3rd party sales.

‘MPS Group IPO’ news, initial public offer of MPS Group, upcoming mps group ipo and indian ipo allotment listing news

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