Saturday, September 20, 2008
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IPO News
Sep 17 2008 1:45PM
India~s Gujarat State Petrol plans $1 bln IPO

NEW DELHI, Sept 17 (Reuters) - India's Gujarat State Petroleum Corp plans to raise about $1 billion from an initial public offering of shares, a senior company official told reporters on Wednesday.

"Our plan is to have the IPO by November but it may stretch to December-January," the official, who did not want to be named, said on the sidelines of a conference. (Reporting by Nidhi Verma) (([email protected] +91 11 4178 1018 Reuters Messaging: [email protected])) Keywords: INDIA GSPC/IPO

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