the Bombay Stock Exchange will open its initial public offering (IPO) on 9 October, according to drafted documents. The company, based in New Delhi, was founded in 2008 as the country's first exchange for the trade of electricity and renewable power certificates. As part of the IPO, over six million shares will be sold by existing shareholders, including Tata Power and a number of private equity companies. Shares are likely to be listed on Indian Energy Exchange and the National Stock Exchange of India.
Indian Energy Exchange will open its initial public offering (IPO) on 9 October, according to drafted documents. The company, based in New Delhi, was founded in 2008 as the country's first exchange for the trade of electricity and renewable power certificates. As part of the IPO, over six million shares will be sold by existing shareholders, including Tata Power and a number of private equity companies. Shares are likely to be listed on the Bombay Stock Exchange and the National Stock Exchange of India.