India's Emami Cement files for up to 10 bln rupees IPO

Emami

12/10/2018 13:06

Oct 12 (Reuters) - 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 https://www.axiscapital.co.in/uploads/equity_documents/20181012170948_emami_cement_limiteddrhp.pdf
 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. 

($1 = 73.5600 Indian rupees)

 (Reporting by Sharnya G in Bengaluru; Editing by Vyas Mohan)
 ((Sharnya.G@thomsonreuters.com; +91 806749 1480; Reuters
Messaging: sharnya.g.thomsonreuters.com@reuters.net))