India's Gretex Corporate Services hits record high after unit plans IPO
** Shares of Gretex Corporate Services Ltd GREO.NS rise as much as 3.8% to a record high of 389.4 rupees ** Co says unit Gretex Share Broking proposes to undertake an Initial Public Offering (IPO) ** Adds, IPO may comprise a fresh issue of equity shares and/or an offer for sale ** Stock on track to gain for fifth straight week; up ~1% so far this week ** GREO last up 1.5%; gained ~36% so far since listing on Sept. 4 (Reporting by Meenakshi Maidas in Bengaluru) ((meenakshi.maidas@thomsonreuters.com;))
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