Power Grid Corporation of India FPO (Power Grid FPO) Detail

Dec 3, 2013 - Dec 6, 2013

Incorporated in 1989, 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.

They are India's principal electric power transmission company. As on September 30, 2013 they owned and operated more than 90% of India’s ISTS which, inter-alia, includes interregional transmission links. They owned and operated 102,109 circuit kilometers of electrical transmission lines and 172 substations with a total transformation capacity of 172,378 MVA.

Objects of the Issue:

The object of the issue are to:

1. Carry out the disinvestment of 185,189,014 Equity Shares of 10 each by the Selling Shareholder.
2. Meet the capital requirements for the implementation of certain identified transmission projects ("Identified Projects"); and
3. General corporate purposes.

Power Grid FPO Details

Issue Open	Dec 3, 2013 - Dec 6, 2013
Issue Type	Book Built Issue FPO
Issue Size	787,053,309 Eq Shares of Rs 10 (aggregating up to Rs 6,958.64 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 85 - Rs 90 Per Equity Share
Market Lot	150 Shares
Min Order Quantity	150 Shares
Listing At	BSE, NSE

Power Grid Corporation of India Ltd FPO Tags:

Power Grid Corporation of India FPO, Power Grid FPO, PGCIL FPO Bidding, Power Grid FPO Allotment Status, Powergrid drhp and Power Grid Corporation of India Limited FPO listing.

Power Grid FPO Subscription Status (Bidding Detail)

Power Grid FPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Total
Shares Offered	392,026,655	117,607,996	274,418,658	3,000,000	787,053,309
Dec 6, 2013 17:00	9.09x	9.70x	2.17x	1.31x	6.74x

Power Grid FPO Prospectus

› Red Herring Prospectus
› Download FPO Application Form

Power Grid FPO Rating

200

4.2

Rating:

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Power Grid FPO Listing Date

Listing Date	Thursday, December 19, 2013
BSE Script Code	532898
NSE Symbol	POWERGRID
Listing In	A
ISIN	INE752E01010
Issue Price	Rs 86 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 85.50
Rs 97.10
Rs 96.15
Rs 101.00
Rs 99.25
169,648

NSE
Rs 85.50
Rs 97.50
Rs 96.25
Rs 101.00
Rs 99.25
286,173,629

Power Grid FPO Reviews / Ratings

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Company Contact Information

Power Grid Corporation of India
B-9, Qutab Institutional Area,
Katwaria Sarai,
New Delhi 110 016, India.

Phone: +91 (11) 2656 0112
Email: investors@powergridindia.com
Website: http://www.powergridindia.com

Power Grid FPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

Power Grid FPO Lead Manager(s)

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Useful Articles

Power Grid FPO Review / Comments

227. vikas sahu Mar 4, 2014 16:21

tell me about it

226. Vineeta Gupta Jan 5, 2014 06:56

Hi I applied for 2100 shares of power grid by online CBI ASBA in the name of a family member, my application was rejected on technical grounds. I called up the Karvy customer service helpline and sent them an email. They said the reason was "APPLICATION WITH PAN MULTIPLE". That''s what was in the system, and they can''t do anything more, and the call centre person refused to let me talk to some manager.
I don''t understand, I submitted was ONLY ONE application with the correct PAN, and the PAN number matches with what is recorded with depository participant.
I checked online allotment status with the PAN, and it is showing details and allotment for some other person in Ahmedabad.
I have written to Karvy again, but not received any reply. Can some expert suggest what to do? Will complaining to SEBI help? Thanks, Vineeta

Load more comments (5 replies)

226.6. Vineeta Gupta Jan 8, 2014 16:14

Thank you CLD, navfame, SONMAYA for your kind replies. Does any one have idea about the turnaround time of SEBI?

226.7. P Badala Jan 11, 2014 19:04

It is adviseable that you send Email to SEBI along with Karvy and intimate To income tax authorities to check weather they have issued the subject PAN Number to Two persons once you know the answer,you can make out it is mistake by IT Depatement or some one is using freudently your PAN , second thing you may have entered your PAn correctly but there may be errer in uploading your detail though chances are remote. From income tax sight you can check the name of allottee of particular PAN.

225. AKBARI TANKAWALA Jan 1, 2014 15:30

ANYBODY TELL ME ABOUT IOC FPO

224. HARRY PANJABI Dec 23, 2013 18:25

I have been allotted full what I applied for. It''s yet to be credited to my DEMAT Account. I would like to know if these could be sold immediately or there is some time we need to keep and then sell.

224.1. CLD Dec 23, 2013 21:16

IPO Mentor (500+ Posts, 100+ Likes)

You can sell on the day or there after when shares are credited into D,mat

223. SUMIT RATHI Dec 20, 2013 13:21

PLEASE CONFIROM POWER GRID FPO ALLOTMENT DETIAL

APPLICATION NO. 52892708

223.1. karorpati SE lakhpati Dec 20, 2013 23:45

check ur demat. if u have shares, u got it, if not u have not. also see ur refund

222. kaushik patel Dec 20, 2013 10:12

HOW CAN I DO "HOLD/SELL" POWERGRIDE SHARE ?
PLZ ANS ME .

221. santonu Dec 19, 2013 21:57

Top Contributor (200+ Posts)

Istead of OFS(Offer for sale) , stake sale should be done through FPO which gives chance to retail investor to earn something

220. SOMPRASH Dec 19, 2013 17:36

Coal India FPO is deffered for now.But expect FPO of Indian Oil in January.Best wishes for another PROFIT.

219. DEEPAK SHANI Dec 19, 2013 16:26

Where is Mr. M Gupta, who say looted and kooted.......

218. tigersher Dec 19, 2013 15:03

Now which ipo is next ?
any info on COAL INDIA FPO ?

217. tigersher Dec 19, 2013 15:03

made profit in IPO, after v long time.
Congrats to all

216. Siddharh Singh Dec 19, 2013 13:36

People who had sold in futures market expecting price to fall to 90 levels are buying today. All people who had applied are making money as the IPO was subscribed heavily by brokers who have cornered most of the shares. Stock is expected to do well till FNO expiry due on 26 Dec

215. MONEY HI MONEY Dec 19, 2013 13:34

Ankur why don t you by put of -Rs97.50 hovering around 40.paisa /45/paisa you will make lot of money if power grid goes to 95 Rs,

214. Siddharh Singh Dec 19, 2013 13:30

Sold 1029 share @ 101. I think it will go to 102 today.

214.1. anonymoues Dec 19, 2013 14:41

nai hua na 102? ab kal ke liye rakah he.kal bhi badh sakta he...

213. MONEY HI MONEY Dec 19, 2013 12:34

look P GRID Crosses 100/ Rs mark sit tight,

212. MONEY HI MONEY Dec 19, 2013 12:09

those who have not sold power grid fpo sh sit tight up to rs 115/ till Dec expiry,as i have not sold any shares,

212.1. Ankur Noida Dec 19, 2013 12:55

Those who smiles when stock is going north cries when stock is heading south. Brother book profits in small lots as F&0 OI shows expiry to be near 95 levels and not 115 levels

211. mehpra Dec 19, 2013 10:00

Anyone received refund (i mean for non-ASBA applications)?

Load more comments (1 replies)

211.2. karorpati SE lakhpati Dec 19, 2013 16:18

So there some monekys in share market who do not used ASBA. little surprised

211.3. S.kumars Dec 19, 2013 17:28

idbi bank unable to bid asba ,though me used asba in all good issue from idbi bank ,now planing to open new account at icici bank only due to asba,

210. KSK Dec 19, 2013 09:52

Hurrayyyyyyyyyyy...............Enjoyyyyyyyyyy........!!!!!!!!

209. VALUE INVESTOR Dec 19, 2013 09:00

IPO Mentor (800+ Posts, 500+ Likes)

I applied though i had bad experience with SCI FPO, Got 763 shares and made a cool profit of 9300Rs after brokerage. Made my day today...after long time i made profit in primary market...

208. S.kumars Dec 19, 2013 08:53

powergrid speciel dividend of rs.5/- next month,aam k aam ,guthaliyo k v daam ,great ,

208.1. friend Dec 19, 2013 13:57

S Kumar,
from where did u get this info?

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