GMR Energy IPO Subscription in 2008 First Quarter

November 30, 2007

GMR Energy IPO is expected to hit the markets in the First quarter of 2008. GMR Energy is the fully owned subsidary of GMR Infrastructure Limited and the company plans to raise around 250-300 million US Dollars for the GMR Energy Projetct. GMR Infrastructure Board memebers will decide on the IPO of GMR Energy before the end of the 2007 fiscal. More information regarding the GMR Energy IPO will be updated here soon.

Posted in IPO-Subscription, Indian IPOs