Future Capital Holdings Limited (FCHL), the financial services arm of the Future Group, is likely to be the first company to hit the capital market in 2008 to raise Rs 490 crore.
David Myers, INCAT’s chief financial officer has stated that Tata Technologies will go for an IPO in the coming year (2008) in order to pay off arrears and fund expansion plans.
Tata Technologies, the specialist engineering and design company of the Tata Group had acquired INCAT, the UK-based engineering and design company in 2005 for 53.40 million pounds.
Supreme Infrastructure managed to get listed on National Stock Exchange at R
