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StanChart-backed Ramky Enviro readies for Rs 1000-cr public issue

New Delhi, Jan 9: Ramky Enviro Engineers Ltd., an Indian waste management company, is looking to raise up to Rs 1,000 crore in the nation's first initial share sale to finance a power plant fueled

India TV Business Desk India TV Business Desk Updated on: January 09, 2013 15:00 IST
stanchart backed ramky enviro readies for rs 1000 cr public
stanchart backed ramky enviro readies for rs 1000 cr public issue

New Delhi, Jan 9: Ramky Enviro Engineers Ltd., an Indian waste management company, is looking to raise up to Rs 1,000 crore in the nation's first initial share sale to finance a power plant fueled by urban refuse.




The bankers for the proposed offer include Kotak Mahindra Bank, JPMorgan Chase, SBI Capital Markets and Edelweiss Capital, according to sources.

The company at the moment is engaged in waste and environmental management solutions, including using urban waste to generate power.
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