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JSW Energy to launch 27 bln rupee IPO on Dec 7

Mon Nov 23, 2009 4:04pm IST
 
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MUMBAI (Reuters) - Power firm JSW Energy will launch its initial public offering to raise 27 billion rupees on Dec 7, said Sajjan Jindal, vice chairman of the JSW group, which owns India's third biggest steel maker JWS Steel, on Monday.

"The price band will be declared on Dec 3," Jindal told reporters.

(Reporting by Ketan Bondre; Editing by Harish Nambiar)

(For more news on Reuters Money visit www.reutersmoney.in)

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