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Sterlite Energy looking for private placement ahead of IPO

Published on Wed, Jan 16, 2008 at 12:58 , Updated at Wed, Jan 16, 2008 at 13:17
Source : moneycontrol.com

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Sterlite Industries says that they are looking for private placement for Sterlite Energy ahead of IPO, reports CNBC-TV18.

The company has appointed bankers for Sterlite Energy IPO to raise USD 1 billion in Pre-IPO Placement.

They hope that they will buy 49% residual stake in BALCO by March and also residual stake in Hindustan Zinc by March.

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Its time to prepare shopping list guys !

ankur thank you for the new job...

in IPO, New Issues - Guest at 02-Dec-08 11:52

Youth: Spend less - Save more - Long Term - Equity

Just checked. If u click IPO and then click - Have you invested in the past IPO since 2007 - then select the name o...

in IPO, New Issues - vkk43 at 02-Dec-08 07:14

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