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CDSL, GTPL Hathway IPOs to hit market this week, aim to garner Rs 1,000 cr

2016 saw hectic fund-raising activity in the IPO segment as 26 firms collected over Rs 26,000 cr

Press Trust of India  |  New Delhi 

Aiming to tap the upbeat investor sentiment, two companies - Central Depository Services (India) Ltd (CDSL) and GTPL Hathway - will launch initial public offers (IPOs) this week to raise over Rs 1,000 crore. The bidding in BSE-promoted CDSL's IPO will begin on June 19 and close on June 21, while that of GTPL Hathway, part of Hathway Cable and Datacom Ltd, will be open for public subscription from June 21-23. CDSL's IPO involves its shareholders, including BSE, offloading over 3.5 crore shares through the offer-for-sale (OFS) route. It has fixed a price band of Rs ...

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First Published: Sun, June 18 2017. 12:06 IST
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