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Satluj Jal Vidyut Nigam IPO to hit the markets soon

The IPO of Satluj Jal Vidyut Nigam Ltd. may hit the streets soon. Satluj Jal Vidyut Nigam Ltd. had filed DRHP with SEBI on February 25, 2010.

The offer would comprise a net offer to the public of 404,143,900 equity shares and a reservation of 6,737,500 equity shares for purchase by eligible employees at the offer price

Satluj Jal Vidyut Nigam Ltd. (formerly Nathpa Jhakri Power Corporation Limited - NJPC) was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP) to plan, investigate, organize, execute, operate and maintain Hydro-electric power projects


Update:  Satluj Jal Vidyut Nigam IPO Price Band Fixed

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