Avantha Power & Infrastructure Limited is planning its initial public offering (IPO) of INR 10 billion to INR 15 billion in July 2013 - September 2013.

Avantha Power & Infrastructure Limited is looking to come with its Initial Public Offering (IPO) in July 2013 - August 2013 and is aiming to raise INR 12.5 billion – INR 15 billion, B Hariharan, Group Director Finance at Avantha Group, said.

Avantha Power & Infrastructure Limited intends to revive plans to launch an Initial Public Offer (IPO) to raise INR 10 billion – INR 15 billion. The company is in the process of finalizing its initial plans for the IPO, which would include brining in bankers to prepare the draft documents for market regulator SEBI, sources said.