Power Finance Corp Ltd plans IPO | india | Hindustan Times
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Power Finance Corp Ltd plans IPO

Power Finance plans to float an IPO of 154.5 million shares representing 15% of its equity.

india Updated: Jan 24, 2006 19:08 IST
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India's state-run Power Finance Corp Ltd plans to float an Initial Public Offering of 154.5 million shares representing 15 per cent of its equity, a company official said on Tuesday.

"The issue will be at a premium," the official who did not want to be named said.