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Is there any employee stock option plan by the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?

April 26, 2017Bangalore bmtc corporation employee IPO Metropolitan Plan stock option transport

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Is there any employee stock option plan by the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO?

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Yes, the employees of BMTC Bangalore Metropolitan Transport Corporation will be eligible to get a maximum of 200 shares under the employee stock option scheme. When will the BMTC IPO, Bangalore Metropolitan Transport Corporation IPO come to the markets? The IPO dates for BMTC IPO, Bangalore Metropolitan Transport Corporation IPO is not yet finalized, but the transport ministry sources say that they are waiting for the markets to stabilize. What are the business valuations, market outlook and risks in BMTC IPO, Bangalore Metropolitan Transport Corporation IPO? The BMTC presently runs 5000 buses and is planning to increase it to 6000 in the next 2 years. It forms the backbone of Bangalore transport. The risks are that there will be a metro rail introduced in Bangalore. That time, the commuters may shift from buses to metro rail, as that is faster, convenient and free of traffic woes. May be that time, the BMTC will take a hit on its profit.