Sunday, Apr 17, 2005
Sunday, Apr 17, 2005 |
| Business | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Employment | Business
Corporate Reporter
CHENNAI: India Infoline, a leading retail investment advisory and intermediary company, is planning to expand its network by setting up 77 branches additionally in 50 cities. The company has 73 branches at 36 locations at present. Speaking to presspersons here on Saturday, in connection with the company's public issue, R. Venkataraman, Director, said the plan was to have 150 branches to further strengthen its operations. The company's online portals `Indiainfoline.com' and `5paise.com' were well known brands among retail investors, he said. To part finance the expansion programme and upgrade the existing infrastructure, the company is raising resources through the issue of 1.18 crore equity shares of Rs. 10 each at a price band of Rs. 70-80 per share to the public. The issue, made through 100 per cent book-building route, will be open for public subscription from April 21 to 27.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
