 GSPC IPO likely in April-June: SourcesPublished on Tue, Feb 02, 2010 at 14:41 | Source : CNBC-TV18 Updated at Tue, Feb 02, 2010 at 14:46 Like this story, share it with millions of investors on M3
Gujarat State Energy Secretary says Gujarat State Petroleum Corporation (GSPC) initial public offering (IPO) is likely in April-June of 2010, reports CNBC-TV18 quoting agencies. State-owned oil and gas exploration company, GSPC is going to file draft prospectus with SEBI by February-end. The company is planning to raise Rs 3,000 crore via 15% stake sale. GSPC is a parent company of listed Gujarat State Petronet . The company had tried to launch an IPO in 2008 as well, but had shelved the plan due to volatile market conditions.
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