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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

Issue OpenMar 16, 2011 - Mar 18, 2011
Issue TypeBook Built Issue IPO
Issue Size156,700,000 Eq Shares of Rs 10
(aggregating up to Rs 438.76 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 26 - Rs 28 Per Equity Share
Market Lot250 Shares
Min Order Quantity250 Shares
Listing AtBSE, NSE

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.

Check IPO Ratings from other stock analysts.

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)

PTC India IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

54,845,000

23,505,000

54,845,000

133,195,000

Mar 18, 2011 17:00

2.85x

0.22x

1.18x

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
ISININE560K01014
Issue PriceRs 28 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

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

PTC India IPO Reviews / Ratings

Anand Rathi - Subscribe.
Keynote Capital - Subscribe.
KR Choksey - Subscribe.
Ajcon Global - Subscribe.
Aditya Birla Money - Subscribe.
Way2Wealth - Avoid.

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

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/

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PTC India IPO Review / Comments

pramod dhing
549. pramod dhing  Jun 7, 2011 12:40 I Like It. | Report Abuse
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
parmod garg
548. parmod garg  May 30, 2011 13:31 I Like It. | Report Abuse
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
Priya Jain
547. Priya Jain  May 12, 2011 12:48 I Like It. | Report Abuse
Hello Sreedhar,

Do u think one can buy PTC India @ Rs 19 to cover losses from IPO.
Sreedhar
546. Sreedhar  May 7, 2011 16:43 I Like It. | Report Abuse
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.
IPO/STOCK GURO
545. IPO/STOCK GURO  May 4, 2011 14:18 I Like It. | Report Abuse
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.
IPO/STOCK GURO
544. IPO/STOCK GURO  Apr 22, 2011 14:00 I Like It. | Report Abuse
Retailers is 3rd class ipo may bakra bana baitha hi nahi tho Matooth fin . Retail may kam say kam 20 times over hota.
IPO/STOCK GURO
543. IPO/STOCK GURO  Apr 22, 2011 07:52 I Like It. | Report Abuse
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.
gundu anna
542. gundu anna  Apr 16, 2011 18:43 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Sell PTC and invest in REC
Sreedhar
541. Sreedhar  Apr 11, 2011 19:54 I Like It. | Report Abuse
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.
vipul patwari
540. vipul patwari  Apr 10, 2011 02:15 I Like It. | Report Abuse
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.
LuckyIPO
539. LuckyIPO  Apr 7, 2011 09:04 I Like It. | Report Abuse
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
Mas
538. Mas  Apr 6, 2011 10:28 I Like It. | Report Abuse
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/-
KK Natarajan
537. KK Natarajan  Apr 6, 2011 06:26 I Like It. | Report Abuse
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!
KK Natarajan
536. KK Natarajan  Apr 5, 2011 13:00 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts)
My broker says PTC India Fin can be accumulated at around 23. Any idea anybody?
mahendra kr. gupta
535. mahendra kr. gupta  Apr 5, 2011 07:16 I Like It. | Report Abuse
WHAT IS FUTURE OF THIS ISSUE WHETHER BOOK LOSS OF KEEP IN PORTFOLIO FOR FUTURE GAIN
Mani V
534. Mani V  Apr 4, 2011 09:15 I Like It. | Report Abuse
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.
IPO/STOCK GURO
533. IPO/STOCK GURO  Apr 3, 2011 19:28 I Like It. | Report Abuse
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.
IPO/STOCK GURO
532. IPO/STOCK GURO  Apr 2, 2011 08:53 I Like It. | Report Abuse
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.
IPO/STOCK GURO
531. IPO/STOCK GURO  Apr 1, 2011 19:05 I Like It. | Report Abuse
NHPC,SJVNL,NTPC,NMDC and Ptf gotala govt. Ka none stop loot program.
CHD
530. CHD  Apr 1, 2011 18:53 I Like It. | Report Abuse
IPO Guru IPO Guru (1000+ 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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