GVK Power & Infra plans to list its airport vertical business

According to reports, the company is planning to raise up to Rs 3,000 crore through the initial public offering (IPO).

Feb 20, 2015 03:02 IST India Infoline News Service

GVK Power & Infrastructure is planning to list its airport vertical business.

The diversified Hyderabad-based infrastructure company is in the process of preparing the documentation and has appointed consultants and bankers to facilitate the filing of the draft prospectus with the regulators within a month, says a report.

According to reports, the company is planning to raise up to Rs 3,000 crore through the initial public offering (IPO).

GVK Power is also planning to raise Rs 300-400 cr via QIP soon, report says.

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