* India - BMTC to issue 30 crore shares through first-ever such IPO
19.825 crore shares to be offered to the public - Shares will have a face value of Rs. 10 to be issued at a premium yet to be decided
Bangalore,India -The Hindu, by Ravi Sharma -19 Aug 2007: -- The public could soon become shareholders in the Bangalore Metropolitan Transport Corporation (BMTC)... The corporation, which runs 4,606 buses in Bangalore, will shortly go in for an initial public offering (IPO), becoming the country’s first State Government transport undertaking to come out with a public issue...
Labels: shares privatization
posted by Unknown @ 3:58 PM
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