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Videocon Industries Ltd's D2H Plans IPO-Business Standard


Wednesday, 31 Oct 2012 08:52am EDT 

Business Standard reported that the direct-to-home television broadcast services arm of India's diversified Videocon Industries Ltd is planning to raise between $150 million and $200 million through an initial public offer, four sources with direct knowledge of the matter said. The unit, Videocon D2H, has picked Swiss bank UBS and Indian investment banks Enam Securities and ICICI Securities as advisors for the shares sale, said the sources, declining to be named as they were not authorized to speak to the media. 

Company Quote

170.6
0.65 +0.38%
17 Apr 2014