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Plan BSNL IPO price at Rs 300-400/sh: A Raja

The Telecom Minister, A Raja has requested the BSNL Trade Unions to have healthy discussions on the impending BSNL IPO. Raja said that the listing would be beneficial for the State-owned BSNL. He assured that BSNL employees to be given shares in the IPO. Each BSNL employee would get 500 shares at Rs 10 each, listed at Rs 300-400 per share.
There is no time-frame fixed for the BSNL IPO, Raja said.

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