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Power Finance FPO Details

Issue Open May 10, 2011
Issue Close May 13, 2011
IPO Price ₹203
Face Value ₹10
IPO Size ₹4,578.20 Cr
Listing At BSE, NSE
IPO Lot Size 28

Power Finance FPO Date & Price

The Power Finance FPO opens on May 10, 2011 and closes on May 13, 2011.

Sorry the Power Finance FPO timelines are not available at this time.

Power Finance FPO price is set at ₹203 per equity share.

Power Finance FPO will close for subscription at 5 PM on May 13, 2011. But most brokers stop accepting application between 1 PM to 3 PM.

The Power Finance FPO starts on May 10, 2011. The issue ends on May 13, 2011.

Power Finance FPO Issue Size and Subscription Status

The Power Finance FPO size is 229553340 Equity Shares of ₹10 aggregating up to ₹4,578.20 Cr.

Power Finance Corporation Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Power Finance FPO shares through the banks (using ASBA) or through the broker (using UPI).

Power Finance FPO Offer Size

Qualified Institutional Buyers (QIB)114,638,937 Shares
Non-Institutional Investors (NII)34,391,682 Shares
Retail Individual Investor (RII)80,247,257 Shares
Employee Reservations275,464 Shares
Other Reservations0 Shares
Total Issue Size229,553,340 Shares

Power Finance FPO IPO Subscription Status

Qualified Institutional Buyers (QIB)6.92 times times
Non-Institutional Investors (NII)1.20 times times
Retail Individual Investor (RII)2.00 times times
Employee Reservations0.91 times times
Other Reservations times
Total Issue Size4.34 times times

Click here to check the Power Finance FPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Power Finance FPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Power Finance FPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Power Finance FPO Allotment and Listing

The tentative date for Power Finance FPO allotment status is not available at this time. You can check the Power Finance FPO Allotment Status as soon as it is available.

Click here to check Power Finance FPO Allotment Status.

Power Finance FPO listing Date is May 27, 2011. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Power Finance FPO listing date and time is published by the exchange in a circular.

Click here to view the Power Finance FPO Basis of Allotment.

It is hard to say at what price Power Finance FPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Power Finance FPO shares will list on May 27, 2011 at BSE, NSE.

Power Finance FPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Power Finance FPO which could help you with questions like Power Finance FPO buy or not? You should also read Power Finance FPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Power Finance FPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Power Finance FPO performance. The performance reports are available 1 day after listing.