Indian IPO

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Tuesday, June 08, 2010

Punjab & Sind Bank to file DRHP next week

Punjab & Sind Bank plans to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) next week, report CNBC-TV18.

The company is looking to raise Rs 500 crore through its initial public offering (IPO). SBI Caps, Enam, ICICI Securities are the the book runners for the IPO.

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