Power Grid FPO 2 Latest News Today

Power Grid FPO shares will list on Thursday, December 19, 2013. The issue was open on Dec 03, 2013 and closed for subscription on Dec 06, 2013. The equity shares of the issue are proposed to be listed on the BSE and NSE.

Power Grid FPO Listing Date

Listing Date: Thursday, December 19, 2013
BSE Scrip Code: 532898
NSE Symbol: POWERGRID
Listing In: A / S&P BSE 100
Sector: Electric Utilities
ISIN: INE752E01010
Issue Price: Rs. 90/-; Rs. 85.50/- for Retail & Employee category
Face Value: Rs. 10.00 Per Equity Share

Power Grid Corporation of India FPO allotment status is available online.

Power Grid FPO was open on Dec 03, 2013 and closed on Dec 06, 2013. FPO was oversubscribed by 6.74 times (2.17 times in retail).

Power Grid Corporation of India FPO finally subscribed 6.74 times on its closing day. Power Grid FPO was open on Dec 03, 2013 and closed today on Dec 06, 2013 for subscription. Power Grid has received bids for 5,30,12,95,500 shares as against issue size of 78,70,53,309 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 9.09 Times
Non Institutional Investors: 9.70 Times
Retail Individual Investors (RIIs): 2.17 Times
Employees: 1.31 Times

Total: 6.74 Times

Power Grid Corporation of India FPO fully subscribed on its day 3. Power Grid FPO was open on Dec 03, 2013 and will close tomorrow on Dec 06, 2013 for subscription. Power Grid has received bids for 3,75,73,92,300 shares as against issue size of 78,70,53,309 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 9.09 Times
Non Institutional Investors: 0.12 Times
Retail Individual Investors (RIIs): 0.65 Times
Employees: 0.48 Times

Total: 4.77 Times

Power Grid Corporation of India FPO subscribed 1.06 times on its day 2. Power Grid FPO was open on Dec 03, 2013 and will close on Dec 06, 2013 for subscription. Power Grid has received bids for 83,34,92,400 shares as against issue size of 78,70,53,309 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 2.01 Times
Non Institutional Investors: 0.00 Times
Retail Individual Investors (RIIs): 0.16 Times
Employees: 0.17 Times

Total: 1.06 Times

Power Grid Corporation of India FPO subscribed 0.06 times on its day 1. Power Grid FPO open today on Dec 03, 2013 and will close on Dec 06, 2013 for subscription. Power Grid has received bids for 4,60,02,150 shares as against issue size of 78,70,53,309 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 0.11 Times
Non Institutional Investors: 0.00 Times
Retail Individual Investors (RIIs): 0.00 Times
Employees: 0.00 Times

Total: 0.06 Times

Power Grid Corporation of India Ltd fixes it's FPO price band at Rs 85/- at lower level and Rs 90/- at upper level. The issue of Power Grid FPO will open on Dec 03, 2013 and closes for subscription on Dec 06, 2013.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Power Grid Corporation of India is entering in the capital markets with follow on public offer, FPO of 787,053,309 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet. The offer comprises a fresh issue of 60,18,64,295 equity shares by the company and an offer for sale of 18,51,89,014 shares by government.

Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.

The issue opens on Dec 03, 2013, and closes for subscription on Dec 06, 2013. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).