Business Standard

IDFC meet in Jan to consider IPO

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Our Banking Bureau Mumbai
 The Infrastructure Development Finance Company (IDFC) is meeting next month to discuss various possibilities of giving exit options to its stakeholders.

The board may consider an initial public offering (IPO) too.

According to the original shareholder agreement, this was to be done five years ago. A two-year grace period was later given, which expires in 2005. 

Speak to Business Standard, IDFC chairman Deepak Parekh said:

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First Published: Dec 09 2003 | 12:00 AM IST

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