Satluj Jal Vidyut Nigam Limited IPO

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Satluj Jal Vidyut Nigam Limited IPO
Satluj Jal Vidyut Nigam Limited is organized in 1988. The IPO of Satluj Jal Vidyut Nigam Ltd. may hit the opportunities presently. The SJVNL government is prompting fast with its disinvestment procedure where though it is a lesser-known company, the government designs to arouse good above Rs 1000 crore by the IPO. Company’s majority Promoter, the GoI (including through nominees) presently holds 75% of the paid-up share capital and will extend to apply majority of the post-Offer paid-up capital of the Company. The SJVNL Company plans to file its draft red herring prospectus in the 3rd week of January and is likely to attain the market by March.

Contact
Satluj Jal Vidyut Nigam Limited
Registered Office:
Himfed Building, New Shimla,
Himachal Pradesh, 171009
Phone: +91 177 267 0741/ 0064
Fax: +91 177 267 0542
Email: psr.murthy@sjvn.nic.in
Website: http://www.sjvn.nic.in

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