Direct to home service provider Videocon d2h is likely to go ahead with its proposed public float (IPO) plan this financial year, according to a top company official.
The company had received the permission from market regulator Sebi in March 2013 for its proposed Rs 700-crore IPO but did not launch the same due to bad market conditions.
"We are engaged with our advisors and investment bankers. We have appointed Axis Capital among others to advise us on the same. We are planning the IPO this financial year itself," Videocon director Saurabh Dhoot told PTI here today.
Read more at: http://www.moneycontrol.com/news/business/videocon-d2h-likely-to-bring-ipo-this-fiscal_1118586.html?utm_source=ref_article
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