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Emami Cement files for Rs 10 bn IPO of fresh and existing shares

The Kolkata headquartered company is a part of the Emami Group and has cement plants in West Bengal, Chattisgarh and Odisha

Cement, cement production
Reuters
Last Updated : Oct 12 2018 | 6:55 PM IST

India's Emami Cement Ltd has filed for an initial public offering of shares worth up to 10 billion rupees ($135.94 million), it said in a filing on Friday.

The offering consists of a fresh issue of shares of up to five billion rupees and an offer for sale of shares by existing shareholders up to 5 billion rupees.
 

The Kolkata headquartered company is a part of the Emami Group and has cement plants in West Bengal, Chattisgarh and Odisha.

 

 

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First Published: Oct 12 2018 | 5:39 PM IST

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