PTC India says unit files papers for IPO

Published on Wed, Dec 22, 2010 at 19:33 |  Source : Reuters

Updated at Thu, Dec 23, 2010 at 09:42  

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PTC India says unit files papers for IPO

Power trader PTC India said on Wednesday its subsidiary PTC India Financial Services has filed regulatory application for its initial public offering of shares.

No other details were provided in the statement to the BSE.

It aims to launch the IPO in the fiscal year to March 2011 by selling 127.5 million new shares.

  

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