Haldia Petro to issue 51.2 cr fresh shares

THE ECONOMIC TIMES Tue, Dec 31, 2013 | 09:58 AM IST IPO Newsletter

Haldia Petro to issue 51.2 cr fresh shares Haldia Petro to issue 51.2 cr fresh shares The board of loss-making Haldia Petrochemicals (HPL) has decided to issue 51.2 crore fresh equity shares at Rs 25.10 each through a rights issue. HPL to float rights issue for capital infusion HPL to float rights issue for capital infusion The board of the financially troubled HPL approved issuance of rights shares to existing promoters for much- needed capital infusion into the company. Companies rush IPO plans to ride pre-poll euphoria Companies rush IPO plans to ride pre-poll euphoria Strong response for PGCIL's offer spurs at least a dozen cos to fast-track public issue plans. GMR picks Citi, three others for airport IPO GMR picks Citi, three others for airport IPO GMR Infrastructure Ltd has hired four banks including Citigroup and JPMorgan to manage the listing of its airport business. Power Grid Corp $1.1 bn FPO fully subscribed Power Grid Corp $1.1 bn FPO fully subscribed Of the 78.70 crore shares offered for sale, the total number of bids received was 78.61 crore till 1600 hrs. The number of bids at cut off price was 2.5 crore.

Company Name Issue Size Status Date of Relevance Volume   Power Grid Corporation of India Ltd. 24697679220.00 Close 03/12/2013 to 06/12/2013 90.00

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