GVK Airport mulling IPO in 2014

GVK Airport is planning file for an IPO with Sebi and dilute 25 per cent of its stake to raise Rs 1,200 - 1,500 crore via an IPO.
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Earlier in January, company had dismissed IPO plans and had said the stake dilution was their priority.

GVK Airport’s business is valued at Rs 6,000 crore and has debt of Rs 2,500 crore.

The Company operates Mumbai and Bangalore airports.