India’s leading direct-to-home (DTH) service provider Videcon d2h is planning to bring initial public offer (IPO) in this financial year.
Although Securities Exchange Board of India (SEBI) in the year 2013 has granted permission for its proposed Rs. 700-crore IPO, but it didn’t launch the same due to bad market conditions.
Saurabh Dhoot while briefing with journalist said, “We are engaged with our advisors and investment bankers. We have appointed Axis Capital among others to advise us on the same. We are planning the IPO this year itself.”
Source: http://cablequest.org/news/dth-news/item/5409-cq-videocon-d2h-to-bring-ipo-this-fy.html
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