Emami Cement (ECL), the cement arm of Kolkata-based Emami Group, has got SEBI's nod for an initial public offering to raise Rs 10 bn. The proposed IPO comprises equity shares of face value of Rs 10 each of Emami Cement, aggregating up to Rs 10 bn, including a fresh issue aggregating up to Rs 5 bn and an offer for sale up to Rs 5 bn. The company proposes to utilise the net proceeds raised through the fresh issue for repayment of debts.Contact: AK Joshi, Vice President-Legal, Emami Cement. Address: Acropolis, 15th floor, 1858/1, Rajdanga Main Road, Sector 1, East Kolkata-700 107. Tel: 01800-102 2008. Website: www.emamicement.com