Nitesh Estates to set IPO at 61-69 rupees : Sources: "Mumbai: Indian property firm Nitesh Estates plans to bring its USD 100 million initial public offer to the market later this week, as liquidity-hit developers once again brace to push share sales to cautious Indian investors.
The real estate firm, based in the southern city of Bangalore, plans to sell its public offer in a price range of 61 to 69 rupees a share, three sources with direct knowledge told Reuters on Monday."
Monday, April 19, 2010
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