Videocon d2h plans to launch IPO by Feb 2015

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Thakur

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MUMBAI: A few days ago,Videocon
d2h files paper with the Securities
and Exchange Board of India(SEBI)
to raise Rs 700 crore through an
initial public offering (IPO).

Rs 350 crore will be used to acquire STBs, outdoor units and
accessories from TEL, a Videocon Group entity and Rs 175 crore to repay debt.

In a recent interview to CNBC TV18, Videocon Industries CMD Venugopal Dhoot has said that
it will launch the IPO in the first quarter of 2015.

http://www.indiantelevision.com/dth/dth-operator/videocon-d2h-plans-to-launch-ipo-by-feb-2015-141014
 
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