Sign In / Register
Make This My Home Page | Feedback |RSS
Channels Astrology | Cricket | Tenders | Classified | Blogs | Shopping | Opinions | Hotel| Travel
You are here: IE »   Story

Emaar MGF files IPO prospectus

Post Comment
FontLarger | Smaller
  • Print
  • Mail This Article
  • Comments
  • Add to favorites
    • Agencies Tags : Emaar MGF, SEBI Posted: Tuesday , Sep 29, 2009 at 1807 hrs New Delhi:

    Real estate major Emaar MGF filed its draft prospectus for the second time with market regulator SEBI to raise up to Rs 3,850 crore through an initial public offer.

    According to sources, the company has filed the Draft Red Herring Prospectus (DRHP) with SEBI to raise up to Rs 3,850 crore, which is much lower than what it had planned to mop up last year.

    The company planned to raise over Rs 7,000 crore last year through an IPO, but withdrew it due to poor market response, even after revising the price band downward after the offer.

    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.