Satluj Jal Vidyut Nigam (SJVN) IPO - Discount to Retail Investors - Indian IPO Blog

Tuesday, April 27, 2010

Satluj Jal Vidyut Nigam (SJVN) IPO - Discount to Retail Investors

Satluj Jal Vidyut Nigam Ltd. (SJVN) IPO opens for subscription from Thursday, April 29, 2010. The price band for the IPO of Satluj Jal Vidyut Nigam Ltd. (SJVN) is fixed at Rs.23/- to Rs.26/- per equity share. Retail Investors will get a 5% discount on the Issue Price

Satluj Jal Vidyut Nigam Ltd. IPO comprises a net offer to the public of 411,650,000 equity shares and a reservation of 3,350,000 equity shares for purchase by eligible employees at the offer price. The Book Running Lead Managers to the Issue are JM Financial Consultants Pvt. Ltd., IDFC Capital Ltd., IDBI Capital Market Services Ltd. and SBI Capital Markets Ltd., while the Registrar is Link Intime India Pvt. Ltd.

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