Thursday, March 11, 2010

IL FS Transportation Networks Limited

IL FS Transportation Networks Limited

IL & FS Transportation Networks Limited has said it has raised about Rs 126 billion rupees from some of the main investors in the initial public offer which opened on Thursday. IL & FS Transportation Networks Limited roped in many of the main investors, including any reliance on the capital co-trustees, the axis of investment funds and Sundaram BNP Paribas Mutual Fund, for the allocation of Lakah’s share price of 48.83 rupees per 258 pieces – on the top bar of the price range – aggregating to Rs 125.99 crore, said in a statement.

Developer infrastructure has entered the capital markets, with its shares for public subscription in the price range of Rs 242-258 per share. Case closed on March 15. Across

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