The Hindu Business Line : Air Deccan board meets in March to decide on IPO timing

THE Air Deccan board will meet in Bangalore in the first week of March to decide on when the airline should enter the market with its IPO, according to Mr G.R. Gopinath, Managing Director.

"The board will take a view on when to enter the market, the price band of the shares, and how much monies should be raised," he told newspersons on the sidelines of an industry meet with the French President, Mr Jacques Chirac.

The airline has already filed its draft red herring prospectus with the SEBI and expects to get the regulatory approvals within the next few days.

More Stories on : IPOs | Airlines

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Jet Airways to raise $800 m through FCCB, GDR issues

IA signs deal with Airbus — To purchase 43 new aircraft

Jet Air goes veg

Mr Lalu Prasad and his horses

Vizag coking coal handling at new high

Record handling of urea at New Mangalore port

Ocean Paradise berths at Mangalore

Paradip-Ennore route — Coal shipments set to decline as 2 colliers go for dry-docking

Master Shipyard delivers workboat for Leela Hotels

Railways launches reward points programme for net-savvy passengers

Air Deccan board meets in March to decide on IPO timing