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!
Monday, April 26, 2010
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SJVN IPO
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