Power Grid Corporation of India Ltd FPO Message Board (Page 60)

Yes Shreya.. you can apply to any demat account registeres with your ABSA.. thre is no limit to registration provided demat accounts are not same.

Mr Dollar @ 794: You have posted the following message

"All those applying through ASBA note: By 2 p.m. the FPO closes for ASBA applicants."

Do you expect all Boarders look to you as a very knowledgeable person

can I apply in my husband's Demat Account through my axis bank savings account through asba....

Can someone inform how to see the latest subscription figures for Retail segment at NSE website? When I go to the "NSE-BSE Demand Graph" on NSE site for Powergrid, it just shows the below:
Total Issue Size 841768246
Total Bids Received 8984029405
Total Bids Received at Cut-off Price 287152645
No. of times issue is subscribed 10.67

No information based on subscription figures based on segments. The place on the main Powergrid page shows the break up details but that is for close of yesterday, i.e. 1700hrs IST of 11-Nov.

After reading all notes and looking at the market...

I feel its mix of positive and negative on powergrid...
no one is as bullish as were on Coal India/Gravita....

let us see whats in destiny....
market down 300 sensex points...

All those applying through ASBA note:
By 2 p.m. the FPO closes for ASBA applicants.
Just an hour to go.

what is the power grid refund date

RISKS WITH POWERGRID FPO
As per CERC regulation the company gets return on equity in a transmission project only after the commencement of commercial operation of that project. Since the transmission projects are linked to power generation projects any delay in generation projects will result in delay in transmission projects or even in some case if the transmission projects got ready and generation projects not ready, the company will not be able to recover its fixed costs. Even if the company proves the delay is not on account of it and CERC agreed and declared the transmission project commercial, the recovery of the same until the completion of the generation project remains uncertain.

Projects such as Transmission systems for Barh Generation project, for Parbati III HEP as well as that linked to Sasan UMPP are delayed on account of generating projects getting delayed. Moreover Western Region Strengthening Scheme II and East West Transmission Corridor are delayed on account of right of way. The Western Region Strengthening Scheme IX has been delayed by 14 months on account of supplier (of transformer) side delays. Thus six out of 13 projects for which the company intends to use the issue proceeds are delayed.

The tariff policy notified by the GoI on January 6, 2006 provides that tariffs on all transmission projects to be developed after January 2011, or when CERC is satisfied that the conditions are appropriate, will be decided on the basis of competitive bidding. If the transmission projects are approved for the interested developer on the basis of competitive bidding as stated, the company's ability to adapt to such changed environment and competition has to be seen.

Under CERC tariffs, the company receives reimbursements for its operating and maintenance expenses at normative rates, rather than actual rates. As a result, if the actual operating and maintenance expenses exceed the reimbursements it receives the profitability will be reduced by the shortfall amount.

srini..
just my opinion..was comparing it with the bidding trajectory of coal india...and came to rough estimate that it would be subscriped 2x..

There are lots of subscription at bid price. While calculating subscription we should substrace those bids. Because price will only be fixed at 90. Accordingly the issue is only subscribed 1 times in retail category till 12 PM.

784. nikhilipo,

Wait and see, major retail subscription will start after 2PM only, so dont come to conclusion.

the way its going looks willgo to 3.75-4 times

Hi Ashish for IPO,

Thanks a lot for info.
I was only checking update (NSE BSE demand graph)

Ashish,

That is total number.

How about each category? Where from are you extracting categorywise statistics?

@760 -- HDFC Securities is working Now !!

i don't the employee quota will be fully subxcribed...so a proportion of that will come to retail....so in total...i don't see the retail portion going above 2X

775. Dollar.. Thanks a lot!! Will wait for the update to happen.. Also, was trying to find the allotment date online but couldn't.. You've clarified that query of mine too.. Thanks!

Hi Ashish Web
For Hourly subscription update go to www.nseindia.com & www.bseindia.com, see both subscription and add the same. You will get total result

BR
Ashish Mehta

Hi Ashish for IPO,

Which website have you got htis info ?

Can someone share latest subscription details?