46 IPO’s in Pipeline to raise Rs 28839 cr : SMC Capiatal

by khalid on 20/12/2009 · 0 comments

There are about 5 companies with SEBI approval in hand, aiming to raise about Rs 307 crore. Besides this, there are about 41 companies who have filed prospectuses for IPOs and are awaiting the SEBI approval. The indicative amount of IPOs that these companies are targeting to raise is approximately about Rs 28532 crore. So in all Rs 28839 crore have to be raised by these 46 companies.

SMC Capitals has come out with a report about forthcoming IPO’s and according to this report following companies are in pipeline to float their IPO’s : Reliance Infra Tel, Emaar MGF, Sahara Prime, Sterlite Energy, Lodha Developers, Jaypee Infratech, DB Realty, Ambience, Prestige Estates, IL&FS Transportation Networks, Hathway Cable and Datacom, Glenmark Generics, Vascon Engineers, Nitesh Estates, Kumar Urban Development, etc.

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