Power Grid Corporation of India Ltd FPO Message Board (Page 69)

Total Issue Size 841768246
Total Bids Received 4469727145
Total Bids Received at Cut-off Price 60593455
No. of times issue is subscribed 5.31

Can anyone guide how many shares should be applied. As i feel the issue shall not have more than 3 times subscription in retail. Thanks for the help.

latest subscription figures please!!!

I am surprised that some boarders keep asking even now, what is the price at which the Power Grip FPO is going to be listed. The question does not make sense. This is an FPO, a follow on Public Offer to the one already made earlier when Power Grid came out with its IPO (Initial Public Offer). As required in the case of every IPO, the Power Grid IPO has also been listed at that time, and its price therefore is known, as is the price of every listed and traded equity and keeps varying with the market dynamics.

Subsequent to the FPO price of Power Grid being fixed @ Rs.85/- to Rs.90/-, the market price of this scrip has also come down from Rs.98/- to around Rs.94/-. At best when the FPO closes on the 12th for Retail Investors, its price may not be significantly different than this, since the price is already discovered by the market.

The Coal India case is different. It was an IPO, where the shares not having been listed earlier, the market had to discover the price, which it did giving a 40% value increase to those who had invested in that IPO. ^This kind of chance one always takes, in aroutine manner. I had also done so and was allotted 200 shares which I encashed with that profit on the listing day.

The question that naturally arises is : if no such advantage exists in the Power Grid FPO, then why invest in it at all? The answer is simple: a) Any investment is an utterly a safe one, in terms of value protection of the investment made, and (b) there could be a 40 to 50% value appreciation over the next few quarters, as the cundamentals of the company are rock solid.

So, investment in the Power Grid FPO, should be viewed only as a long term one, with atleast a one year perspective. The Robber Baron category of investors, who look to make a killing when the FPO closes, should better keep away.

Can I apply for IPO using ASPA sbi account of my friend

Hello every body dont belive on nifty fifty because he dont know what he post message and u know he is also posting on coal india like that type of messages and see. so i will suggest you dont see the comments of nifty fifty and invest in this FPO i will sure power grid will surely give you very good return approx 15-20% to retailers. so happy investing. even i applied

For allotment purpose the rules for IPO & FPO are same

606. nifty fifty,

Why not so much positive, he had premium on coal india of 30 around when others have 38-40.

tulsian was not so much +ve dear he sud coal india fair value is 200

We estimate listing price between Rs.104-108/- and expecting three times retail application, therefore as per application the retailer achievement may be around Rs.6800-8200/-

Is it worth investing in this FPO?
What kinda returns do we expect on listing date?

Kindly advise.

IPO subscription status after the end of any day is given in the table on this site above. Why are you asking such question. The subscription given is the total of BSE & NSE combine.

Poweer Grid's financials are very good. If you see the Profit after Tax, it is around 27%. So many big companies have turnover in thousands of crores but their operating margins are too meagre, just in few hundred crores. Moreover the grey market is already between 3500 to 3800 per application. So in this view, this stock may give a return of 10% for sure.

Dear friends.
Dont confuse FPO with IPO. There will not be any seperate listing for Power Grid. The moment you receive the allotment you can sell the shares at that price movement in the market. At CMP of 102.5 at this moment, You can expect a profit of Rs. 17 per share. In short your gain will depend on the share price which will be there in the market when you receive the shares in your Dmat account. you can then decide accordingly whether to keep or sell the shares. Shares may get alloted in differnt days in differant accounts as such each invester will be able to sell accordingly.

Can any1 tell me whts the final subscribtion status on day 2 for Retailers...
BSE+NSE.......?

f&o me bechkar application kare per form 350 share aayega

597. nifty fifty,

Tulsian is also positive on Coal India, then why it is not underperformed?. Stop posting this kind of negative messages and stop acting like anonymous, nobody cares about your messages.

tulsian is positive so its going to become big underperformer

dusra nmdc ha coal india ka sara paisa ismain dubaga retail ka bacho bhaiyon or bahno

jo lagaya wo dubaga fpo band hona sa pahkla 15% uppar fpo band hona ka baad 15% neecha retail will get 1000 shares per application or listing ka din 80 rs dekh lana mari aajtak koi baat jothi nahi hue