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Two more telcos await to ring the IPO bell
Five years after the largest GSM operator Bharti listed on the bourses, two more telecommunication firms are gearing up for the plunge. A V Birla group’s Idea Cellular and Spice Telecom will go public early next year. The two IPOs are likely to come out within a gap of four to five weeks, flooding the market with much-needed telecom paper.
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Rs 55,000 cr to be tapped via IPOs
As the secondary market is in the midst of yet another roller coaster ride, usual doubts have begun resurfacing about the fate of the companies planning public issues in the near future. Companies with total issues of over Rs 55,000 crore are already at an advanced stage of tapping the markets.
To Read MoreClick Here
Five years after the largest GSM operator Bharti listed on the bourses, two more telecommunication firms are gearing up for the plunge. A V Birla group’s Idea Cellular and Spice Telecom will go public early next year. The two IPOs are likely to come out within a gap of four to five weeks, flooding the market with much-needed telecom paper.
To Read MoreClick Here
Rs 55,000 cr to be tapped via IPOs
As the secondary market is in the midst of yet another roller coaster ride, usual doubts have begun resurfacing about the fate of the companies planning public issues in the near future. Companies with total issues of over Rs 55,000 crore are already at an advanced stage of tapping the markets.
To Read MoreClick Here
posted by SY at 12:44 PM
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