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Power Grid Corporation of India Ltd. IPO Message Board (Page 38)

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1638. anshu |   Link |  Bookmark | September 28, 2007 2:14:03 PM
when is refund expected
1637. Piyush A. Parekh |   Link |  Bookmark | September 28, 2007 2:11:47 PM
I have applied for powergrid shares of quantity 1625 shares but i did not get any shares. Why I did not get any shares? what is the reason that shares are not allocated to me?
Full Name : Piyush A. Parekh
Bid cum Application Form No. 5 1593564
Apply Shares : 1625
Bid submitted : India infoline
1636. Prakash |   Link |  Bookmark | September 28, 2007 2:06:21 PM
can anybody knows when koutons shares will be alotted?
1635. Karan sharma |   Link |  Bookmark | September 28, 2007 1:36:30 PM
Hi

Can anyone tell me what Listing Price we should expect from this IPO.
1634. sundeep daga |   Link |  Bookmark | September 28, 2007 1:21:29 PM
what is the expected price of listing plz give some views
1633. ABHISHEK |   Link |  Bookmark | September 28, 2007 1:05:10 PM
POWER GRID TO LIST IN 1st WEEK OF OCTOBER. EITHER ON 4TH OR ON 5th.
1632. rudrama |   Link |  Bookmark | September 28, 2007 1:00:26 PM
i have applied for power gris shares of quantity 500 but i did not get any mails.
Why i did not get any shares? what is the reason theat shares are not allocated to me?
1631. Tanmai |   Link |  Bookmark | September 28, 2007 12:50:53 PM
ppl stop posting message for checking your application status.
if you enough bandwidth to post message in this forums then y can't u ppl check ur application status by yourself.

This below URL has be floating around in this forum from yesterday but still ppl r sending their application numbers like nuts.

http://203.199.177.158/kristel/pgcresult.asp
1630. SUBASH ARYA |   Link |  Bookmark | September 28, 2007 12:44:18 PM
I Have apply to Power grid. application no. is 3904410
Pls reply with status
1629. rohit |   Link |  Bookmark | September 28, 2007 12:37:26 PM
suma yadunandan you have been allotted 125 shares of PGCIL
1628. rajat |   Link |  Bookmark | September 28, 2007 12:35:50 PM

BASIS OF ALLOCATION
PUBLIC ISSUE OF UP TO 57,39,32,895 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A
PRICE OF RS. 52/- PER EQUITY SHARE (INCLUDING SHARE PREMIUM OF RS. 42/- PER
EQUITY SHARE) AGGREGATING TO RS 29844.51 MILLIONS (REFERRED TO AS “THE ISSUE”).
THE ISSUE COMPRISED A FRESH ISSUE OF UP TO 38,26,21,930 EQUITY SHARES BY POWER
GRID CORPORATION OF INDIA LIMITED AND AN OFFER FOR SALE OF UP TO 19,13,10,965
EQUITY SHARES BY THE PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF POWER,
GOVERNMENT OF INDIA. THE ISSUE COMPRISED A NET ISSUE TO THE PUBLIC OF UP TO
55,99,54,895 EQUITY SHARES AND A RESERVATION OF UP TO 1,39,78,000 EQUITY SHARES
FOR SUBSCRIPTION BY EMPLOYEES OF THE COMPANY. THE ISSUE SHALL CONSTITUTES
APPROXIMATELY 13.64% OF THE FULLY DILUTED POST ISSUE PAID-UP CAPITAL OF POWER
GRID CORPORATION OF INDIA LIMITED. (“COMPANY” OR “ISSUER”).
THE FACE VALUE PER EQUITY SHARE IS RS.10/-. THE ISSUE PRICE PER EQUITY SHARE IS RS.
52/- AND IT IS 5.2 TIMES THE FACE VALUE.
The Issue made through the 100% Book Building Process wherein at least 50% of the
net Issue was to be allocated on a proportionate basis to Qualified Institutional Buyers
(“QIBs”) (including 5% of the QIB portion that was to specifically be allotted to mutual
funds), further, not less than 15% of the Issue shall be available for allocation on a
proportionate basis to Non-Institutional Bidders and not less than 35% of the Issue shall
be available for allocation on a proportionate basis to Retail Bidders, subject to valid
bids being received at or above the Issue Price.
The Issue received 12,59,949 applications for 3702,43,77,933 equity shares resulting in
64.50 times subscription. The details of the applications received in the Issue from
Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor and Employee
categories are as under: (Before technical rejections)
Category No. of
Applications
No. of Shares Subscription
Qualified Institutional Buyers 638 3232,97,56,625 115.47
Non Institutional Investors 6,995 333,84,76,407 39.75
Retail Individual Investors 12,47,436 131,02,19,726 6.68
Employees 4,880 4,59,25,175 3.28
Final Demand
A sample of the final demand at different bid prices is as under:
Bid Price No. of
Shares
% to
Total
Cumulative
Total
Cumulative %
to total
44 11243375 0.03 37197636375 100.00
45 4566250 0.01 37186393000 99.97
46 1275875 0.00 37181826750 99.96
47 585125 0.00 37180550875 99.95
48 9742625 0.03 37179965750 99.95
49 893000 0.00 37170223125 99.93
50 3299750 0.01 37169330125 99.92
51 184125 0.00 37166030375 99.92
Rs. 52 & at Cut Off 37165846250 99.91 37165846250 99.91
37197636375 100.00
The Basis of Allocation was finalized in consultation with the National Stock Exchange
of India Limited (“NSE”) on 26th September, 2007.
A. Allocation to Employees (After Technical Rejections)
The Basis of Allocation to the Employees, who have bid at cut-off or at the Issue Price
of Rs.52/- per Equity Share, was finalized in consultation with NSE. The category was
over subscribed 3.188824 times. The total number of shares allotted in this category is
13978000 Equity Shares to 4649 successful applicants. The category-wise details of the
Basis of Allocation (Sample) are as under:
Category No. Of
Applns.
% to
total
Total No. of
Shares
applied
% to
total
No. of
Shares
allocated
Ratio Total No. of
Shares
allocated
125 30 0.64 3750 0.01 125 1:3 1250
250 54 1.15 13500 0.03 125 7:11 4250
375 40 0.85 15000 0.03 125 8:9 4500
500 92 1.96 46000 0.10 157 FIRM 14444
2000 310 6.61 620000 1.39 627 FIRM 194370
8000 82 1.75 656000 1.47 2509 FIRM 205738
16000 23 0.49 368000 0.83 5018 FIRM 115414
32000 1 0.02 32000 0.07 10035 FIRM 10035
36000 3 0.06 108000 0.24 11289 FIRM 33867
38000 5 0.11 190000 0.43 11917 FIRM 59585
40000 10 0.21 400000 0.90 12544 FIRM 125440
40500 1 0.02 40500 0.09 12701 FIRM 12701
43750 2 0.04 87500 0.20 13720 FIRM 27440
45500 1 0.02 45500 0.10 14269 FIRM 14269
47500 2 0.04 95000 0.21 14897 FIRM 29794
48000 11 0.23 528000 1.18 15051 FIRM 165561
B. Allocation to Retail Individual Investors (After Technical Rejections)
The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at
the Issue Price of Rs.52/- per Equity Share, was finalized in consultation with NSE. The
category was over subscribed 6.549691 times. The total number of shares allotted in
this category is 19,59,84,213 Equity Shares to 9,28,299 successful applicants. The
category-wise details of the Basis of Allocation are as under:
Category No. Of
Applns.
% to
total
Total No. of
Shares
applied
% to
total
No. of
Shares
allocated
Ratio Total No. of
Shares
allocated
125 107858 8.87 13482250 1.05 125 2:13 2074250
250 140571 11.56 35142750 2.74 125 11:36 5369000
375 63815 5.25 23930625 1.86 125 11:24 3656125
500 133438 10.98 66719000 5.20 125 11:18 10193125
625 37590 3.09 23493750 1.83 125 13:17 3593125
750 36047 2.97 27035250 2.11 125 11:12 4130375
875 94971 7.81 83099625 6.47 134 FIRM 12726114
1000 92761 7.63 92761000 7.23 153 FIRM 14192433
1125 12079 0.99 13588875 1.06 172 FIRM 2077588
1250 23416 1.93 29270000 2.28 191 FIRM 4472456
1375 5770 0.47 7933750 0.62 210 FIRM 1211700
1500 16673 1.37 25009500 1.95 229 FIRM 3818117
1625 4768 0.39 7748000 0.60 248 FIRM 1182464
1750 10621 0.87 18586750 1.45 267 FIRM 2835807
ADDITIONAL 17:19 9502
1875 435112 35.80 815835000 63.56 286 FIRM 124442032
C. Allocation to Non Institutional Investors (After Technical Rejections)
The Basis of Allocation to the Non institutional Investors, who have bid at the Issue
Price of Rs.52/- per Equity Share, was finalized in consultation with NSE. The
category was subscribed 39.283587 times. The total number of shares allotted in
this category is 83993234 Equity Shares to 4829 successful applicants. The
category-wise details of the Basis of Allocation (Sample) are as under:
Category No. Of
Applns.
% to
total
Total No. of
Shares
applied
% to
total
No. of
Shares
allocated
Ratio Total No.
of Shares
allocated
2000 832 14.84 1664000 0.05 125 2:5 41625
4000 89 1.59 356000 0.01 125 5:6 9250
10000 153 2.73 1530000 0.05 255 FIRM 39015
50000 63 1.12 3150000 0.10 1273 FIRM 80199
100000 108 1.93 10800000 0.33 2546 FIRM 274968
300000 16 0.29 4800000 0.15 7637 FIRM 122192
500000 113 2.02 56500000 1.71 12728 FIRM 1438264
1000000 67 1.20 67000000 2.03 25456 FIRM 1705552
2000000 33 0.59 66000000 2.00 50912 FIRM 1680096
4000000 12 0.21 48000000 1.45 101824 FIRM 1221888
8000000 1 0.02 8000000 0.24 203647 FIRM 203647
18000000 1 0.02 18000000 0.55 458207 FIRM 458207
30000000 1 0.02 30000000 0.91 763678 FIRM 763678
36000000 1 0.02 36000000 1.09 916413 FIRM 916413
42300000 1 0.02 42300000 1.28 1076796 FIRM 1076796
45000000 1 0.02 45000000 1.36 1145527 FIRM 1145527
58000000 1 0.02 58000000 1.76 1476455 FIRM 1476455
D. Allocation to QIBs
Allocation to QIBs has been done on a proportionate basis in consultation with
NSE. As per the SEBI guidelines, Mutual Funds were initially allotted 5% of the
quantum of shares available (1,39,98,873) and other QIBs and unsatisfied
demands of Mutual Funds were allotted the remaining available shares
(26,59,78,575) on proportionate basis.
Category FIs/Banks MFs FIIs VCs ICs Others Total
No.of Shares 32218140 37023924 186091385 171537 20728070 3744392 279977448
The Board of Directors of the company at it’s Meeting held at Hyderabad on 26th
September, 2007 has approved the basis of allocation of shares of the Issue and has
allotted the shares to various successful applicants.
The CAN-cum-Refund Orders and allotment advice and notices have been
dispatched to the address of the investors as registered with the depositories. In case
the same is not received within ten days, investors may contact at the address given
below. The Refund Orders have been over-printed with the Bank Mandate details as
registered, if any, with the depositories. The shares allocated to successful applicants
are being credited to their beneficiary accounts subject to validation of the account
details with the depositories concerned. The company is taking steps to get the
equity shares admitted for trading on the National Stock Exchange of India Limited
and Bombay Stock Exchange Limited within seven working days from the date of
approval of the basis of allocation.
INVESTORS PLEASE NOTE
This details of the allocation made would be hosted on the website of Registrars to the
Issue, Karvy Computershare Private Limited at http://kcpl.karvy.com
All future correspondence in this regard may kindly be addressed to the Registrars to
the issue quoting full name of the First/ Sole applicant, Serial number of the bid-cumapplication
form, number of shares bid for, name of the Member of the Syndicate
and Place where the bid was submitted and payment details at the address given
below:
Karvy Computershare Private Limited
Unit: PGCIL
Plot No. 17 to 24, Vitharao Nagar, Hitech City Road, Madhapur
Hyderabad – 500081, Fax: 040-23420814
Email: einward.ris@Karvy.com
TOLL FREE - HELPLINE NUMBER
1-800-3454001
Place : New Delhi For Power Grid Corporation of India Limited
Date : , 2007 Sd/-
Divya Tandon
Company Secretary and Compliance Officer
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER
THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS
OF POWER GRID CORPORATION OF INDIA LIMITED.
1627. suma |   Link |  Bookmark | September 28, 2007 12:34:39 PM
My application No. is 72528705. plz checkthe allotment status.
1626. RAJ.IPO |   Link |  Bookmark | September 28, 2007 12:18:15 PM
Hello 1618

Name      ::      
NAGENDRA REDDY SOMNNAGARI

Shares Allotted      ::      
0
1625. Tejas |   Link |  Bookmark | September 28, 2007 12:18:13 PM
Hi, Can anybody tell me the record date of IKF tech dividend?... Can i hold it or not?????

If i hold it for 10 years, is it give me 100/-
1624. TPV |   Link |  Bookmark | September 28, 2007 12:15:42 PM
dear rajesh
app. no. 1083019
share alloted=0
1623. RAJ.IPO |   Link |  Bookmark | September 28, 2007 12:15:27 PM
Hello 1620

Name      ::      
GAURAV SINGHAI

Shares Allotted      ::      
125
1622. RAJ.IPO |   Link |  Bookmark | September 28, 2007 12:14:03 PM
Hello 1622

Name      ::      
RAJESH KUMAR VERMA

Shares Allotted      ::      
0
1621. RAJ.IPO |   Link |  Bookmark | September 28, 2007 12:12:26 PM
Hello 1623

Sorry you have not been allotted any shares
1620. RAJ.IPO |   Link |  Bookmark | September 28, 2007 12:11:00 PM
Hello 1627

Name       :: SWADHIN KUMAR BOHIDAR

Shares Allotted      :: 0
1619. Swadhin |   Link |  Bookmark | September 28, 2007 12:05:59 PM
Hi friends.. my application no is 13219287..plz checkthe allotment status..thnx in advance..