Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Saturday, December 1, 2012

The price band for the upcoming IPO of Bharti Infratel has been declared. The shares will be offered in a price band of Rs.210/- to Rs.240/- a piece. Bharti Infratel is one of the world's largest telecom tower infrastructure providers which deploys, owns and manages telecom towers and communication structures for all wireless operators

The promoter of the company is Bharti Airtel Limited. The Issue Size of the IPO would be Rs.3966 to Rs.4533 Crores for shares having a Face Value of Rs.10 each. The IPO would remain open for subscription between December 11, 2012 and December 14, 2012. Besides general corporate purposes, the following are the objects of the issue:
  • Installation of 4,813 new towers;
  • Upgradation and replacement on existing towers; and
  • Green initiatives at tower sites;

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers