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Thursday, February 04, 2010

GSPC IPO likely in April-June: Sources

Gujarat State Energy Secretary says Gujarat State Petroleum Corporation (GSPC) initial public offering (IPO) is likely in April-June of 2010, reports CNBC-TV18 quoting agencies.

State-owned oil and gas exploration company, GSPC is going to file draft prospectus with SEBI by February-end. The company is planning to raise Rs 3,000 crore via 15% stake sale.

GSPC is a parent company of listed Gujarat State Petronet.


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