PTC India Financial Services Ltd IPO (PTC India IPO) Detail

Mar 16, 2011 - Mar 18, 2011

Incorporated in 2006, PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. They are currently focusing on power generation projects in India. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.

As a promoter, PTC holds 77.60% of the equity whereas the remaining 22.40% is shared equally by Goldman Sachs Strategic Investments Limited, Mauritius and Macquarie Group Limited, Australia. PTC is a GoI initiated public-private partnership promoted by National Thermal Power Corporation ("NTPC"), Power Grid Corporation of India Limited ("Power Grid"), Power Finance Corporation Limited ("PFC") and NHPC Limited ("NHPC").

Company Promoters:

Promoter of the Company is PTC India Limited

Objects of the Issue:

The objects of the Issue are:

1. To augment capital base to meet future capital requirements arising out of growth in business;
2. To achieve the benefits of listing on the Stock Exchanges; and
3. Public issue expenses.

PTC India IPO Details

IPO Opening DateMar 16, 2011
IPO Closing DateMar 18, 2011
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹26 to ₹28 per equity share
Market Lot250 Shares
Min Order Quantity250 Shares
Listing AtBSE, NSE
Issue Size156,700,000 Eq Shares of ₹10
(aggregating up to ₹438.76 Cr)

PTC India IPO Lot Size

The PTC India IPO market lot size is 250 shares. A retail-individual investor can apply for up to 28 lots (7000 shares or ₹196,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum1250₹7,000
Maximum287000₹196,000

Retail Discount

PTC India Financial Services has offered discount of Rs 1 to the Issue Price to Retail Individual Bidders.

PTC India Financial Services Ltd (PFS) IPO Grading

CRISIL has assigned an IPO Grade 3 to PTC India Financial Services IPO. This means as per CRISIL, company has 'Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for PTC India Financial Services Ltd.

CARE / ICRA has assigned an IPO Grade 4 to PTC India Financial Services IPO. This means as per CARE / ICRA, company has 'Above Average Fundamentals'. CARE / ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

PTC India Financial Services Ltd IPO Tags:

PTC India Financial Services Ltd IPO, PTC IPO, PTC India Financial Services IPO Bidding, PTC India Financial IPO Allotment Status, PTC India Financial Services IPO drhp and PTC India IPO listing.

PTC India IPO Subscription Status (Bidding Detail)

The PTC India IPO is subscribed 1.70x times on Mar 18, 2011 17:00. The public issue subscribed 1.18x in the retail category, 2.85x in the QIB category, and 0.22x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

2.85x

NII

0.22x

RII

1.18x

Total

1.70x

PTC India IPO Prospectus

PTC India IPO Rating

491
4.1
Rating:Rated 4.1 stars

Vote Here ...

PTC India IPO Listing Date

Listing DateWednesday, March 30, 2011
BSE Script Code533344
NSE SymbolPFS
Listing InB Group of Securities
ISININE560K01014
IPO Price₹28 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹28.00
₹28.00
₹23.50
₹28.00
₹24.90
22,848,585
NSE
₹28.00
₹26.75
₹23.50
₹27.00
₹24.90
36,735,853

PTC India IPO Reviews / Ratings

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  • Aditya Birla Ltd - Subscribe

Company Contact Information

PTC India Financial Services Ltd
Second Floor, NBCC Tower,
15, Bhikaji Cama Place,
New Delhi 110 066, India

Phone: +91 11 4159 5122
Email: complianceofficer@ptcfinancial.com
Website: http://www.ptcfinancial.com

PTC India IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

PTC India IPO FAQs

  1. What is PTC India IPO?

    PTC India IPO is a main-board IPO of 156,700,000 equity shares of the face value of ₹10 aggregating up to ₹438.76 Crores. The issue is priced at ₹26 to ₹28 per equity share. The minimum order quantity is 250 Shares.

    The IPO opens on Mar 16, 2011, and closes on Mar 18, 2011.

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

  2. When PTC India IPO will open?

    The PTC India IPO opens on Mar 16, 2011 and closes on Mar 18, 2011.

  3. What is the lot size of PTC India IPO?

    PTC India IPO lot size is 250 Shares and the minimum order quantity is 250 Shares.

  4. How to apply for PTC India IPO?

    You can apply in PTC India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When PTC India IPO allotment?

    The finalization of Basis of Allotment for PTC India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the PTC India IPO allotment status.

  6. When is PTC India IPO listing date?

    The PTC India IPO listing date is on Wednesday, March 30, 2011.

PTC India IPO Message Board

Ranked Members  Ranked Members

Loading...
549. pramod dhing |Jun 7, 2011 12:40
Hi All,

I'm still holding 2000 shares alloted to me @ 27....Do I continue to hold this stock or exit?? Please post ur views....pramod
Thanks
548. parmod garg |May 30, 2011 13:31
bhai dosto aap logo ko jankr harani hogi ki icra jo ki rating agency ha wo sirf 10000 lekr rating deti ha choti co. ko bhai yahan sab chalta ha
547. Priya Jain |May 12, 2011 12:48
Hello Sreedhar,

Do u think one can buy PTC India @ Rs 19 to cover losses from IPO.
546. Sreedhar |May 7, 2011 16:43
IPO Mentor IPO Mentor (900+ Posts)
Friends,
I will buy PFC future if it comes to 205.I will sell the same future at 215-220 2 days after IPO close.
545. IPO/STOCK GURO |May 4, 2011 14:18
All rating agencies and brokers are already failed, ak aur psu ko public nay NHPC Ki tarah dhool chata di, ipo rate 28 curent rate 19 , ha ha ha fpo.
544. IPO/STOCK GURO |Apr 22, 2011 14:00
Retailers is 3rd class ipo may bakra bana baitha hi nahi tho Matooth fin . Retail may kam say kam 20 times over hota.
543. IPO/STOCK GURO |Apr 22, 2011 07:52
Ipo kay bary may koi kus nahi jaanta chay rating agencies ho chay public chay govt. , tabhi tho C.Mahindra jaisay share 3 times ho jatay hi and NHPC,SJVNL,I.B power jaisay shares dhool chattay hi, ipo ka bhagwan tho kaywal operater hota hi baki sub uskay gulaam.
542. gundu anna |Apr 16, 2011 18:43
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Sell PTC and invest in REC
541. Sreedhar |Apr 11, 2011 19:54
IPO Mentor IPO Mentor (900+ Posts)
Vipul Patwari,
You can hold both PTC & JP Associates as JP's current price is almost same as price at which you had picked it up.PTC at 22-23 is fine & is at reasonable valuations.
540. vipul patwari |Apr 10, 2011 02:15
Hey Sreedhar....please suggest man what to do in PTC Financial. I bought 1 lot of ipo. Will it go up or not? Also what do u say about JP associates? I bought it at 91.
539. LuckyIPO |Apr 7, 2011 09:04
Hi All,

I'm still holding 250 shares alloted to me @ 27....Do I continue to hold this stock or exit?? Please post ur views....Sreedhar

Thanks
538. Mas |Apr 6, 2011 10:28
Nonsense Item to keep in portfolio. Even at 23/- there is no interest from any side. SP Tulsian comments was to subscribe for this IPO. I dont understand Why? I sold on 30th April 7000 Shares at 26.44/-. Loss of almost Rs.4500/-
537. KK Natarajan |Apr 6, 2011 06:26
IPO Mentor IPO Mentor (500+ Posts)
It seems there is nobody to take PTC India Fin. - not only the shares but also any comments about it!
536. KK Natarajan |Apr 5, 2011 13:00
IPO Mentor IPO Mentor (500+ Posts)
My broker says PTC India Fin can be accumulated at around 23. Any idea anybody?
535. mahendra kr. gupta |Apr 5, 2011 07:16
WHAT IS FUTURE OF THIS ISSUE WHETHER BOOK LOSS OF KEEP IN PORTFOLIO FOR FUTURE GAIN
534. Mani V |Apr 4, 2011 09:15
We have destroyed our hard earned wealth in most of the IPOs with a very few exceptions of gain. Should we try investments in equity based mutual funds? Of course entry and exit timings are more important.
533. IPO/STOCK GURO |Apr 3, 2011 19:28
NHPC,NTPC,NMDC,SJVNL,Shiping co.,PTC Fin kay baad govt. ka is financial year my inkay investors say rs.40000 carors phir laynay ka program hi.
532. IPO/STOCK GURO |Apr 2, 2011 08:53
9.5 to 9.75% sbi unsecured bond may 15 years kay liya phasnay say acha hi, axis bank ki senior citezen 10.25% ki fd.
531. IPO/STOCK GURO |Apr 1, 2011 19:05
NHPC,SJVNL,NTPC,NMDC and Ptf gotala govt. Ka none stop loot program.
530. CHD |Apr 1, 2011 18:53
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
BHARAT MATA, DON'T BE SO PESSIMISTIC YAAR.
BUT BITTER TRUTH ALSO IS ....
For ART OF LIVING - Shri Shri Ravishankerji...
For ART OF GIVING - Warren Buffet, Bill Gates...
for ART OF LOOTING - none can beat Govt of India & Indian Politicians & their Babus...
Phir Bhi MERA BHARAT MAHAAN! Jai Ho !!!







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