IPO NEWS : OPG Power looking to raise Rs 1000cr via IPO

IPO NEWS : OPG Power looking to raise Rs 1000cr via IPO

OPG Power looking to raise Rs 1000cr via IPO
02/03/2017 11:24

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OPG Power Ventures, listed on the AIM market of the London Stock Exchange since May 2008, is planning to raise Rs 1000 crore via listing on the Indian bourses, said the media reports. OPG operates and develops power generation assets in India and currently has 750 MW in operation principally under the group captive model. Deutsche Bank and ICICI Securities have been reportedly hired to manage OPG Power IPO, although the Chennai based company has denied roping any investment banker for the issue.