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Videocon D2H files fresh papers with SEBI for Rs 700 cr IPO

NEW DELHI, OCT 1:
Videocon D2H Ltd, the satellite television arm of Videocon Group, has filed fresh papers with market regulator SEBI to mop up Rs. 700 crore through an initial public offer.

The company has filed fresh draft documents under the name of ‘Videocon D2H Ltd’ with SEBI as the regulator’s earlier approval — valid for one year— has lapsed.

Videocon D2H had received approval in March 2013, carrying a validity of one year, as per SEBI’s Issue of Capital and Disclosure Requirements (ICDR) Regulations.

However, the company did not launch the same due to bad market conditions.

http://www.thehindubusinessline.com/markets/videocon-d2h-files-fresh-papers-with-sebi-for-rs-700-cr-ipo/article6464961.ece




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