GMR Energy IPO : GMR Energy IPO in Q1CY08
GMR Infrastructure is likely to float IPO for GMR Energy in Q1CY08, reports CNBC-TV18 quoting sources.
GMR Infra may raise USD 250-300 million via GMR Energy IPO. Board resolution on GMR Energy IPO is likely before 2007-end.
GMR Infrastructure holds 100% stake in GMR Energy. The managment has declined to comment on GMR Energy IPO.
