GVK Power & Infra plans to list its airport vertical business

India Infoline News Service | Mumbai | February 20, 2015 08:45 IST

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

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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