India: Pipavav Port plans IPO to raise Rs500 cr

Bangalore: Private port operator Gujarat Pipavav Port Ltd (GPPL) plans to raise at least Rs500 crore through an initial public offering (IPO), according to two bankers briefed on the matter.

The share sale is planned for 2010, the bank officials said on condition of anonymity…

Source: Livemint, December 21, 2009