Satluj Jal Vidyut Nigam IPO Price Band Fixed - Indian IPO Blog

Monday, April 26, 2010

Satluj Jal Vidyut Nigam IPO Price Band Fixed

The price band for the upcoming IPO of Satluj Jal Vidyut Nigam Ltd. (SJVN) is fixed at Rs.23/- to Rs.26/- per equity share

Satluj Jal Vidyut Nigam Ltd. (formerly NJPC Ltd.) 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. Satluj Jal Vidyut Nigam Ltd. IPO, would remain open for subscription between Thursday, April 29, 2010 and Monday, May 03, 2010

The offer 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 offer shall constitute 10.03% of the paid-up equity capital of company

Stay tuned to Indian IPO Blog for Bid Lot and more on SJVN IPO!

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