November 2010

 
Five Indian companies join AIM in 10 weeks
    Posted by Zulfi Hydari on November 01st, 2010 under category AIM

The London Stock Exchange announced today that Jubilant Energy has become the fifth Indian company to float on AIM in the last ten weeks. Between them the five new Indian admissions have raised an estimated $344.4 million.

Tracey Pierce, Director of Equity Primary Markets at London Stock Exchange Group, said:

“This flurry of new Indian admissions by five diverse, ambitious and growing companies highlights the increasingly central role India is playing in the global economy, and how London can provide the capital to match the country’s appetite for growth. 

The other four Indian firms to have joined AIM over the last ten weeks are:

-          iEnergizer joined on 14 September, raising $57 million

-          SKIL Ports & Logistics joined on 7 October, raising $120 million

-          Caparo Energy joined on 12 October, raising $80 million

-          Photon Kathaas joined on 4 November, raising $2.4 million

Read more about this story here: http://www.londonstockexchangegroup.com/newsroom/2010pressreleases/fiveindiancompaniesjoinaimintenweeks.htm

 

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