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Power Grid FPO Details

Issue Open Nov 9, 2010
Issue Close Nov 12, 2010
IPO Price ₹90
Face Value ₹10
IPO Size ₹7,442.34 Cr
Listing At BSE, NSE
IPO Lot Size 65

Power Grid FPO Date & Price

The Power Grid FPO opens on Nov 9, 2010 and closes on Nov 12, 2010.

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

Power Grid FPO price is set at ₹90 per equity share.

Power Grid FPO will close for subscription at 5 PM on Nov 12, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The Power Grid FPO starts on Nov 9, 2010. The issue ends on Nov 12, 2010.

Power Grid FPO Issue Size and Subscription Status

The Power Grid FPO size is 841768246 Equity Shares of ₹10 aggregating up to ₹7,442.34 Cr.

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

Power Grid FPO Offer Size

Qualified Institutional Buyers (QIB)419,189,323 Shares
Non-Institutional Investors (NII)125,756,797 Shares
Retail Individual Investor (RII)293,432,526 Shares
Employee Reservations3,389,600 Shares
Other Reservations0 Shares
Total Issue Size841,768,246 Shares

Power Grid FPO IPO Subscription Status

Qualified Institutional Buyers (QIB)18.52 times times
Non-Institutional Investors (NII)28.86 times times
Retail Individual Investor (RII)3.85 times times
Employee Reservations1.11 times times
Other Reservations times
Total Issue Size14.88 times times

Click here to check the Power Grid 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 Grid 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 Grid 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 Grid FPO Allotment and Listing

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

Click here to check Power Grid FPO Allotment Status.

Power Grid FPO listing Date is Nov 25, 2010. 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 Grid FPO listing date and time is published by the exchange in a circular.

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

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

The Power Grid FPO shares will list on Nov 25, 2010 at BSE, NSE.

Power Grid 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 Grid FPO which could help you with questions like Power Grid FPO buy or not? You should also read Power Grid 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 Grid 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 Grid FPO performance. The performance reports are available 1 day after listing.