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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:
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iEnergizer joined on 14 September, raising $57 million
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SKIL Ports & Logistics joined on 7 October, raising $120 million
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Caparo Energy joined on 12 October, raising $80 million
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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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