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Vascon Engineers to raise Rs 200 cr via IPO

Posted on: January 18th 2010 in IPO Views.

Vascon Engineers Ltd is planning to raise close to Rs 200 cr through an initial public offering (IPO) of 10.8 million shares, according to its top official. The firm will use IPO proceeds to fund ongoing projects and repay debt, but Vasudevan said, he was yet to decide about engaging an…

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