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TD Power's Rs 350 cr IPO ‎hits markets

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  • Published On: August 24, 2011
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Nikhil Kumar, joint MD of TD Power Systems, says the company came out in markets with a Rs 227-crore IPO at this point in time mainly due to investors' faith in the company. Kumar said TD Power Systems, a manufacturer of AC Generators, will utilize the proceeds to finance the expansion of Bangalore plant.
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