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Lavasa plans IPO to raise over Rs 2000 crore

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  • Published On: July 20, 2010
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Lavasa, the hill city project near Pune being developed by Hindustan Construction Company Ltd, is planning to tap the capital market to raise funds. Sources tell NDTV that HCC chairman Ajit Gulabchand has appointed Kotak and ICICI Securities to manage the Lavasa initial public offering, which will be about Rs 2000 crore.
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