Power Grid FPO Latest News Today

FPO Listing Detail

Listing Date: Thursday, November 25, 2010
BSE Scrip Code: 532898
NSE Symbol: POWERGRID
Listing In: 'A' Group
Sector: Electric Utilities
ISIN: INE752E01010
Issue Price: Rs. 90.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Power Grid Corporation of India Ltd FPO shares will list on Thursday, November 25, 2010. Issue price of this FPO has been fixed at Rs 90/- per share. FPO was oversubscribed by 14.88 times (3.85 times in retail).

FPO Listing Detail

Listing Date: Thursday, November 25, 2010
BSE Scrip Code: 532898
NSE Symbol: POWERGRID
Listing In: 'A' Group
Sector: Electric Utilities
ISIN: INE752E01010
Issue Price: Rs. 90.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Power Grid Corporation of India Ltd FPO Allotment Status is now available online.

Power Grid FPO was open on Nov 09, 2010 and closed on Nov 12, 2010. FPO was oversubscribed by 14.88 times (3.85 times in retail).

Power Grid Corporation of India Ltd FPO Allotment Status is now available online.

Power Grid FPO was open on Nov 09, 2010 and closed on Nov 12, 2010. FPO was oversubscribed by 14.88 times (3.85 times in retail).

Power Grid Corporation FPO finally subscribed 14.88 times. Power Grid FPO was open on Nov 09, 2010 and closed on Nov 12, 2010 for subscription.

Final oversubscription detail:

Qualified Institutional Buyers (QIBs): 18.52 Times

Non Institutional Investors: 28.86 Times

Retail Individual Investors (RIIs):  3.85 Times

Employee:  1.11 Times

Total: 14.88 Times

Power Grid Corporation of India is entering in the capital markets with follow on public offer, FPO of Rs 8,000 crore. The price band for the issue has not been fixed yet. The company had hit the capital market in October, 2007, with its maiden public offer.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The issue opens on Nov 09, 2010, and closes for subscription on Nov 12, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Power Grid Corporation FPO subscribed 9.72 times on its day 3. Power Grid FPO was open on Nov 09, 2010 and will close on Nov 12, 2010 for subscription. Power Grid has received bids for 8,18,41,69,500 shares as against issue size of 84,17,68,246 shares.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 18.52 Times

Non Institutional Investors: 1.63 Times

Retail Individual Investors (RIIs): 0.72 Times

Employee: 0.37 Times

Total: 9.72 Times

Power Grid Corporation FPO subscribed 3.61 times on its day 2. Power Grid FPO was open on Nov 09, 2010 and will close on Nov 12, 2010 for subscription. Power Grid has received bids for 3,03,70,93,995 shares as against issue size of 84,17,68,246 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 7.03 Times

Non Institutional Investors: 0.16 Times

Retail Individual Investors (RIIs): 0.24 Times

Employee: 0.12 Times

Total: 3.61 Times

Power Grid Corporation FPO subscribed 1.08 times on its day 1. Power Grid FPO opens today on Nov 09, 2010 and will close on Nov 12, 2010 for subscription. Power Grid has received bids for 90,53,97,675 shares as against issue size of 84,17,68,246 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 2.09 Times

Non Institutional Investors: 0.09 Times

Retail Individual Investors (RIIs): 0.06 Times

Employee: 0.02 Times

Total: 1.08 Times

Power Grid Corporation of India is entering in the capital markets with follow on public offer, FPO of 84,17,68,246 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/. The company had hit the capital market in October, 2007, with its maiden public offer.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The issue opens on Nov 09, 2010, and closes for subscription on Nov 12, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Power Grid Corporation of India is entering in the capital markets with follow on public offer, FPO of 84,17,68,246 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/. The company had hit the capital market in October, 2007, with its maiden public offer.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The issue opens on Nov 09, 2010, and closes for subscription on Nov 12, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Power Grid Corporation of India is entering in the capital markets with follow on public offer, FPO of Rs 8,000 crore. The price band for the issue has not been fixed yet. The company had hit the capital market in October, 2007, with its maiden public offer.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The issue opens on Nov 09, 2010, and closes for subscription on Nov 12, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).