Tuesday, September 9, 2008

Adani Power IPO expected in November

Ahmedabad based Adani Power Ltd, an Adani Group company engaged in the business of Power Projects Development, got SEBI approval for its IPO of around Rs 5630 Crore.

Company is planning for the Book Building IPO in November this year.
Adani Power IPO draft red herring prospectus link.

Company has appointed KARVY COMPUTERSHARE Pvt Ltd as the registrar of the issue and company stocks are proposed to list at BSE and NSE stock Exchanges.