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Mahanagar Gas plans to raise around $130 mn through IPO: Reports

Report said that the company has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering (IPO).

January 19, 2015 3:29 IST | India Infoline News Service
Mahanagar Gas Ltd is planning to raise around Rs8 bn ($129.66 million) via IPO in the first quarter of 2015, according to reports.

Report said that the company has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering (IPO).

The company is expected to file for IPO with Securities and Exchange Board of India over the next month, says report.

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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