Aditya Birla Retail mulls public offer

Aditya Birla Retail the country’s second biggest supermarket operator is considering an initial public offer and will time it as soon as the company starts spinning profits.
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The company will be definitely open to an IPO but it will be closer to the time of profitability around 2012. This has been stated by Aditya Birla Retail Ltd CEO Thomas Varghese. He said the company had still not determined the amount of equity it would dilute. they want the maximum value for the equity.

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