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

March 16, 2011 - March 18, 2011

PTC India IPO is a book built issue of Rs 438.76 crores.

PTC India IPO bidding started from March 16, 2011 and ended on March 18, 2011. The shares got listed on BSE, NSE on March 30, 2011.

PTC India IPO price band is set at ₹26 to ₹28 per share. The minimum lot size for an application is 250 Shares. The minimum amount of investment required by retail investors is ₹7,000.

Almondz Global Securities Limited, ICICI Securities Limited, Jm Financial Limited and SBI Capital Markets Limited are the book running lead managers of the PTC India IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to PTC India IPO RHP for detailed information.

PTC India IPO Details

IPO Date March 16, 2011 to March 18, 2011
Listing Date March 30, 2011
Face Value ₹10 per share
Price Band ₹26 to ₹28 per share
Lot Size 250 Shares
Total Issue Size156,700,000 shares
(aggregating up to ₹438.76 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue434,583,335
Share holding post issue562,083,335

PTC India IPO Reservation

PTC India IPO offers 133,195,000 shares. 54,845,000 (41.18%) to QIB, 23,505,000 (17.65%) to NII, 54,845,000 (41.18%) to RII. 219,380 RIIs will receive minimum 250 shares and (sNII) and (bNII) will receive minimum 7,250 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered54,845,000 (41.18%)NA
NII (HNI) Shares Offered23,505,000 (17.65%)
Retail Shares Offered54,845,000 (41.18%)219,380
Total Shares Offered133,195,000 (100%)

PTC India IPO Lot Size

Investors can bid for a minimum of 250 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 250 ₹7,000
Retail (Max) 28 7000 ₹196,000
Lot Size Calculator

PTC India IPO Promoter Holding

Promoter of the Company is PTC India Limited

Share Holding Pre Issue 100%
Share Holding Post Issue 72.12%

About PTC India Financial Services Ltd

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").

Key Performance Indicator

Objects of the Issue (PTC India IPO Objectives)

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 Subscription Status (Bidding Detail)

The PTC India IPO is subscribed 1.70 times on March 18, 2011 5:00:00 PM. The public issue subscribed 1.18 times in the retail category, 2.85 times in the QIB category, and 0.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

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 Prospectus

PTC India IPO Rating

Rating:Rated 4.1 stars
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PTC India IPO Listing Details

Listing Date March 30, 2011
BSE Script Code 533344
NSE Symbol PFS
ISIN INE560K01014
Final Issue Price ₹28 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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PTC India Financial Services Ltd Contact Details

PTC India Financial Services Ltd
Second Floor, NBCC Tower,
15, Bhikaji Cama Place,
New Delhi 110 066, India
Phone: +91 11 4159 5122

PTC India IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000


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 share. The minimum order quantity is 250 Shares.

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

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

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

PTC India IPO lot size is 250 Shares, and the minimum amount required is ₹7,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



549. pramod dhing |   Link |  Bookmark |June 7, 2011 12:40:15 PM
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
548. parmod garg |   Link |  Bookmark |May 30, 2011 1:31:31 PM
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 |   Link |  Bookmark |May 12, 2011 12:48:51 PM
Hello Sreedhar,

Do u think one can buy PTC India @ Rs 19 to cover losses from IPO.
546. Sreedhar |   Link |  Bookmark |May 7, 2011 4:43:00 PM (900+ Posts)
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 |   Link |  Bookmark |May 4, 2011 2:18:18 PM
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 |   Link |  Bookmark |April 22, 2011 2:00:52 PM
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 |   Link |  Bookmark |April 22, 2011 7:52:54 AM
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 |   Link |  Bookmark |April 16, 2011 6:43:27 PM (500+ Posts, 100+ Likes)
Sell PTC and invest in REC
541. Sreedhar |   Link |  Bookmark |April 11, 2011 7:54:11 PM (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 |   Link |  Bookmark |April 10, 2011 2:15:35 AM
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 |   Link |  Bookmark |April 7, 2011 9:04:38 AM
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

538. Mas |   Link |  Bookmark |April 6, 2011 10:28:28 AM (200+ Posts)
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 |   Link |  Bookmark |April 6, 2011 6:26:02 AM (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 |   Link |  Bookmark |April 5, 2011 1:00:12 PM (500+ Posts)
My broker says PTC India Fin can be accumulated at around 23. Any idea anybody?
535. mahendra kr. gupta |   Link |  Bookmark |April 5, 2011 7:16:12 AM
534. Mani V |   Link |  Bookmark |April 4, 2011 9:15:20 AM
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 |   Link |  Bookmark |April 3, 2011 7:28:07 PM
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 |   Link |  Bookmark |April 2, 2011 8:53:04 AM
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 |   Link |  Bookmark |April 1, 2011 7:05:11 PM
NHPC,SJVNL,NTPC,NMDC and Ptf gotala govt. Ka none stop loot program.
530. CHD |   Link |  Bookmark |April 1, 2011 6:53:12 PM (1100+ Posts, 500+ Likes)
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...