MUMBAI (Reuters) - Real estate firm Orbit Corp Ltd opened up to $30 million share placement to institutional investors on Wednesday, two sources told Reuters.
The company will sell the shares at around 185 rupees each, the sources said.
Kotak (KOTAKBANK.NS : 714.65 -11.45) Mahindra Capital, Macquarie Capital and Edelweiss Capital are the arrangers to the issue.
Orbit Corp starts $30 mln QIP issue
Posted by ARPIT at Wednesday, August 12, 2009
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