RBI ki polisey kay baad finanace co.,s bar baad ho chuki hi , SKS and MUTOOTH. PTC fin. Ko dekh lo, power fin may koi dam nahi govt. Kaywal fpo ko sucses karnay kay liya artificialy iska rate rokay hi, fpo kay baad jab five thousand carors ka selling praser ayga tho 5,10% say kaam nahi chalay ga. Make your dession self.
Very dirty psu,s which are trading below ipo/fpo price NHPC,SJVNL,NMDC,NTPC, PTCF,ENG.india, shiping co.,. CBI and suprim court, ko is baat ki jach karni chahiya ki lakho retailars say loota gaya paisa kahi Swis bank tho nahi pahuch gaya.
This fpo is only for folish investors 5% kay chakar may 10,20% ghar say jayga, all past fpos are trading in discount. Look NMDC,ENG.india, Ship.co. ,Ntpc .
The empowered group of ministers (EGoM) of the Government of India has finalised a floor price of Rs193 and a cap of Rs203 for the follow-on public offer of Power Finance Corporation Ltd.
The EGoM, at its meeting today, also decided to offer a discount of 5 per cent on the issue price to retail individual bidders and eligible employees who apply for allotment of shares out of the quota reserved for them.
PFC, a `Mini-Ratna Category-I public sector undertaking, is selling 229,553,340 equity shares of face value of Rs10 each in its follow-on public offer.
PFC has already appointed Adfactors Advertising as the advertising agency for its FPO. The agency has been mandated with the advertisement / publicity-related assignments for FPO.
PFC is a notified financial institution dedicated to power sector financing and is registered as a non-banking financial company with the Reserve Bank of India (RBI).
PFC provides products and services like project term loans, equipment lease financing, discounting of bills, short-term loans and consultancy services etc for various power projects in the generation, transmission and distribution sector as well as for renovation and modernisation of existing power projects.
PFC also engages itself in exploiting new opportunities available in the area of consortium lending, lending to capital equipment manufacturers and fuel supply projects and related infrastructure development projects, renewable energy and CDM, and equity funding.
In addition, PFC also provides technical, advisory and consultancy services related activities through its subsidiary company namely PFC Consulting Limited.
PFC is also the designated nodal agency for development of Ultra Mega Power Projects (UMPPs), with a capacity of at least 3,500 MW each under tariff based competitive
look at bse website in PFC. It is clearly mentioned to give 5% discount for retail investors. this fpo is good and will perform how the powergrid did.
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May 6, 2011 10:52:11 PM
IPO Guru (2600+ Posts, 2700+ Likes)
VAS NAT POWER FINANCE FPO RATE I HAVE SEEN ON TV BUT FOUND NO ARTICLE ANY WARE I AM STILL NOT SURE FOR THE RATE TO BE RS 202 -203 OR 212 BUT AT 109 PC JAIN SAY 193 TO 203 FOR PFC WHICH SEEMS TO BE CORRECT IT IS DIFFICULT TO SAY AT TODAYS TRADE WAIT FOR MONDAY ,MARKETS TO OPEN IF MUTHOOT WAS LISTED ON THURSDAY WHICH THEY COULD HAVE EASILY DONE WE WOULD GET RS 200 TO 210 OR RS 225 BUT IN ONE DAY EVER THING HAS CRASHED IN COMODITIES SO MUTHOOT WENT DOWN GOVT WILL TRY TO HOLD THE PRICE OF PFC FOR SOME TIME TILL LISTING