Bajaj Corp files application for IPO

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Bajaj Corp files application for IPO

This article was posted on Mar 3, 2010 and is filed under IPO Views

Bajaj Corp Ltd has filed regulatory application for an initial public offering of 4.5mn shares. The price range of the IPO was not yet decided. The offer would constitute 15.3% of its post-issue paid up equity capital and the IPO proceeds would be used for product expansion and acquisitions.

Kotak Mahindra Capital Company Ltd is the sole book running lead manager to the issue.

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