• search

GMR infrastructure to hit the Capital Market by June end

Written by: Staff

Mumbai, June 7 (UNI) GMR infrastructure Ltd, the leading infrastructuare company in the country, with interests in Airports, Power and Roads, has received SEBI observations on DHRP filed by the Company and the said Public Offer is expected to hit the market by June end.

In terms of the Offer Document filed with SEBI, the company is offering 45,331,238 equity shares of Rs 10 each constituting 13.69 per cent stake through 100 per cent Book Building process. The company is considering private placement of certain Equity Shares with certain Investors on Pre IPO placement basis subject to minimum dilution of ten per cent as net offer to the Public, the release said.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more