Companies
Reliance Power says no pre-IPO placement
By Hiral Vora
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Posted 04 January 2008 @ 10:53 pm GMT
Anil Ambani, chairman of Anil Dhirubhai Ambani group speaks to journalists during a news conference to announce the launch of IPO of Reliance Power Ltd in Mumbai January 4, 2008. (Photo: Reuters)
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The issue is managed by UBS, ABN AMRO, JPMorgan, Deutsche Bank, Enam Securities, ICICI Securities, JM Financial and Kotak Mahindra Capital.
Macquarie and SBI Capital Markets are co-managers.
Indian firms raised $8.2 billion from 88 IPOs in 2007, data from Thomson Financial showed, compared with $4.7 billion in 2006.
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