Profit

Reid & Taylor's 1,000 cr IPO by Feb end

PUBLISHED ON: January 20, 2011 | Duration: 2 min, 15 sec

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Nitin Kasliwal-led Reid & Taylor, plans to hit the market with its 1,000 cr IPO by February end. The IPO is poised for Sebi approval and the company will use this money to take the brand overseas. This comes after deal with Singapore's GIC, a sovereign fund which picked up almost 25% in Reid & Taylor's for $800 million.
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