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Power Grid Corporation of India FPO (Power Grid FPO 2) 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 2 Details

Issue OpenDec 3, 2013 - Dec 6, 2013
Issue TypeBook Built Issue FPO
Issue Size787,053,309 Eq Shares of ₹10
(aggregating up to ₹6,958.64 Cr)
Face Value₹10 Per Equity Share
Issue Price₹85 - ₹90 Per Equity Share
Market Lot150 Shares
Min Order Quantity150 Shares
Listing AtBSE, NSE

Power Grid FPO 2 Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1150₹13,500
Maximum142100₹189,000

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 2 Subscription Status (Bidding Detail)

Power Grid FPO 2 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 2 Prospectus

Power Grid FPO 2 Rating

200
4.2
Rating:Rated 4.2 stars

Vote Here ...

Power Grid FPO 2 Listing Date

Listing DateThursday, December 19, 2013
BSE Script Code532898
NSE SymbolPOWERGRID
Listing InA
ISININE752E01010
Issue Price₹86 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
₹85.50
₹97.10
₹96.15
₹101.00
₹99.25
169,648
NSE
₹85.50
₹97.50
₹96.25
₹101.00
₹99.25
286,173,629

Power Grid FPO 2 Reviews / Ratings

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 2 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 2 FAQs

  1. 1. What is Power Grid FPO 2?

    Power Grid FPO 2 is an main-board initial public offering of 787,053,309 equity shares of the face value of ₹10 aggregating up to ₹6,958.64 Crores.

    The issue price of the IPO is ₹85 - ₹90 Per Equity Share. The minimum order quantity is 150 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Dec 3, 2013 and closes on Dec 6, 2013.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Power Grid FPO 2 will open?

    The Power Grid FPO 2 opens on Dec 3, 2013 and closes on Dec 6, 2013.

  3. 3. How to apply for Power Grid FPO 2?

    Power Grid FPO 2 application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Power Grid FPO 2 allotment?

    The finalization of Basis of Allotment for Power Grid FPO 2 will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Power Grid FPO 2 allotment status.

  5. 5. When is Power Grid FPO 2 listing date?

    The Power Grid FPO 2 listing date is on Thursday, December 19, 2013, at BSE, NSE.

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Power Grid FPO 2 Review / Comments

vikas sahu
227. vikas sahu  Mar 4, 2014 16:21 I Like It. | Report Abuse
tell me about it
Vineeta Gupta
226. Vineeta Gupta  Jan 5, 2014 06:56 I Like It. | Report Abuse
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
Vineeta Gupta
226.6. Vineeta Gupta  Jan 8, 2014 16:14 I Like It. | Report Abuse
Thank you CLD, navfame, SONMAYA for your kind replies. Does any one have idea about the turnaround time of SEBI?
P Badala
226.7. P Badala  Jan 11, 2014 19:04 I Like It. | Report Abuse
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.
AKBARI TANKAWALA
225. AKBARI TANKAWALA  Jan 1, 2014 15:30 I Like It. | Report Abuse
ANYBODY TELL ME ABOUT IOC FPO
HARRY PANJABI
224. HARRY PANJABI  Dec 23, 2013 18:25 I Like It. | Report Abuse
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.
CLD
224.1. CLD  Dec 23, 2013 21:16 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
You can sell on the day or there after when shares are credited into D,mat
SUMIT RATHI
223. SUMIT RATHI  Dec 20, 2013 13:21 I Like It. | Report Abuse
PLEASE CONFIROM POWER GRID FPO ALLOTMENT DETIAL

APPLICATION NO. 52892708
karorpati SE lakhpati
223.1. karorpati SE lakhpati  Dec 20, 2013 23:45 I Like It. | Report Abuse
check ur demat. if u have shares, u got it, if not u have not. also see ur refund
kaushik patel
222. kaushik patel  Dec 20, 2013 10:12 I Like It. | Report Abuse
HOW CAN I DO "HOLD/SELL" POWERGRIDE SHARE ?
PLZ ANS ME .
santonu
221. santonu  Dec 19, 2013 21:57 I Like It. | Report Abuse
Top Contributor 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
SOMPRASH
220. SOMPRASH  Dec 19, 2013 17:36 I Like It. | Report Abuse
Coal India FPO is deffered for now.But expect FPO of Indian Oil in January.Best wishes for another PROFIT.
DEEPAK SHANI
219. DEEPAK SHANI  Dec 19, 2013 16:26 I Like It. | Report Abuse
Where is Mr. M Gupta, who say looted and kooted.......
tigersher
218. tigersher  Dec 19, 2013 15:03 I Like It. | Report Abuse
Now which ipo is next ?
any info on COAL INDIA FPO ?
tigersher
217. tigersher  Dec 19, 2013 15:03 I Like It. | Report Abuse
made profit in IPO, after v long time.
Congrats to all
Siddharh Singh
216. Siddharh Singh  Dec 19, 2013 13:36 I Like It. | Report Abuse
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
MONEY HI MONEY
215. MONEY HI MONEY  Dec 19, 2013 13:34 I Like It. | Report Abuse
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,
Siddharh Singh
214. Siddharh Singh  Dec 19, 2013 13:30 I Like It. | Report Abuse
Sold 1029 share @ 101. I think it will go to 102 today.
anonymoues
214.1. anonymoues  Dec 19, 2013 14:41 I Like It. | Report Abuse
nai hua na 102? ab kal ke liye rakah he.kal bhi badh sakta he...
MONEY HI MONEY
213. MONEY HI MONEY  Dec 19, 2013 12:34 I Like It. | Report Abuse
look P GRID Crosses 100/ Rs mark sit tight,
MONEY HI MONEY
212. MONEY HI MONEY  Dec 19, 2013 12:09 I Like It. | Report Abuse
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,
Ankur Noida
212.1. Ankur Noida  Dec 19, 2013 12:55 I Like It. | Report Abuse
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
mehpra
211. mehpra  Dec 19, 2013 10:00 I Like It. | Report Abuse
Anyone received refund (i mean for non-ASBA applications)?
karorpati SE lakhpati
211.2. karorpati SE lakhpati  Dec 19, 2013 16:18 I Like It. | Report Abuse
So there some monekys in share market who do not used ASBA. little surprised
S.kumars
211.3. S.kumars  Dec 19, 2013 17:28 I Like It. | Report Abuse
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,
KSK
210. KSK  Dec 19, 2013 09:52 I Like It. | Report Abuse
Hurrayyyyyyyyyyy...............Enjoyyyyyyyyyy........!!!!!!!!
VALUE INVESTOR
209. VALUE INVESTOR  Dec 19, 2013 09:00 I Like It. | Report Abuse
IPO Mentor 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...
S.kumars
208. S.kumars  Dec 19, 2013 08:53 I Like It. | Report Abuse
powergrid speciel dividend of rs.5/- next month,aam k aam ,guthaliyo k v daam ,great ,
friend
208.1. friend  Dec 19, 2013 13:57 I Like It. | Report Abuse
S Kumar,
from where did u get this info?



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