GMR infrastructure to hit the Capital Market by June end
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.
UNI AR KU AG2031