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Patni first IT firm to file for IPO in 18 months

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Our Corporate Bureau Mumbai
 Patni has not finalised any dates for the float. The issue price will be determined through the book-building route. The offer comprises issue of 13.4 million fresh shares of face value Rs 2 each, and sale of 5.32 million shares, bringing the total issue size to 18.7 million shares.

 DSP Merrill Lynch and Kotak Mahindra Capital Company were the book-running lead managers to the issue, and Citigroup Global Markets India had been named the co-book running lead manager, Patni said in a media release.

 Patni is the country
 

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First Published: Nov 14 2003 | 12:00 AM IST

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