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Power Grid IPO Details

Issue Open Sep 10, 2007
Issue Close Sep 13, 2007
IPO Price ₹52
Face Value ₹10
IPO Size ₹2,984.45 Cr
Listing At BSE, NSE
IPO Lot Size 125
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Power Grid IPO Date & Price

The Power Grid IPO opens on Sep 10, 2007 and closes on Sep 13, 2007.

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

Power Grid IPO price is set at ₹52 per equity share.

Power Grid IPO will close for subscription at 5 PM on Sep 13, 2007. But most brokers stop accepting application between 1 PM to 3 PM.

The Power Grid IPO starts on Sep 10, 2007. The issue ends on Sep 13, 2007.

Power Grid IPO Issue Size and Subscription Status

The Power Grid IPO size is 573932895 Equity Shares of ₹10 aggregating up to ₹2,984.45 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 IPO shares through the banks (using ASBA) or through the broker (using UPI).

Sorry, The number of shares offered in Power Grid IPO is not available at this time. Please revisit us for latest updates.

Power Grid IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)115.90 times times
Non-Institutional Investors (NII)40.34 times times
Retail Individual Investor (RII)6.77 times times
Employee Reservations2.66 times times
Other Reservations times
Total Issue Size64.82 times times

Click here to check the Power Grid IPO 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 IPO.

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 IPO 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 IPO Allotment and Listing

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

Click here to check Power Grid IPO Allotment Status.

Power Grid IPO listing Date is Oct 5, 2007. 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 IPO listing date and time is published by the exchange in a circular.

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

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

The Power Grid IPO shares will list on Oct 5, 2007 at BSE, NSE.

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