Business Daily from THE HINDU group of publications
Saturday, Oct 31, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, Oct 31, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Markets
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IPOs Our Bureau Mumbai, Oct. 30 Sterlite Energy has filed a draft red herring prospectus with SEBI for an initial public offering to raise up to Rs 5,100 crore. Involved in commercial power generation, the company is currently developing two thermal power projects in Jharsuguda (Orissa) and Talwandi (Punjab), with a combined capacity of 4,380 mw. The IPO proceeds will be used to part finance these projects. The shares will be listed on BSE and NSE. Kotak Mahindra Capital, Enam Securities, JP Morgan and Morgan Stanley are the global coordinators and book running lead managers to the issue. More Stories on : IPOs | Power
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