Mumbai: Oberoi Realty Ltd has sought approval to sell 39.6 million shares in an initial public offering, according to an emailed statement.
The Mumbai-based developer has hired Kotak Mahindra Capital Co. Ltd, Enam Securities Pvt. Ltd, JPMorgan India Pvt. Ltd and Morgan Stanley India Co. Pvt. Ltd to manage the share sale.
Jaiprakash Power to raise Rs2,000 cr
New Delhi: Jaiprakash Power Ventures Ltd plans to raise Rs2,000 crore within a month from the sale of shares and convertible bonds as it expands generation capacity to 3,100MW of electricity by March 2012, from the current 700MW, executive chairman Manoj Gaur said.