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| IPO Open | September 10, 2007 |
| IPO Close | September 13, 2007 |
| IPO Price | ₹52 |
| Face Value | ₹10 |
| IPO Size | ₹2,984.45 Cr |
| Listing At | BSE, NSE |
| Lot Size | 125 |
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which is second only to Power Grid Corporation of India Limited ("PGCIL"), the Indian state-owned electric utility company. The power transmissions industry in India has high growth potential.
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Proceeds from the issue will be utilised towards working capital requirement, brand positioning, marketing, advertising, and general corporate purpose, the company said.
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We're going to continue to invest in the three areas of power efficiency, ultimate performance and an ecosystem. The IPO doesn't change our trajectory from an investment perspective." Could Arm be ...
Publish by : YahooSep 6, 2023 5:23:00 PM
our way is through privatisation," Secretary of the Power division Rasheed Langrial told journalists in Islamabad, adding that there was "serious thought" for an initial public offering (IPO) for ...
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Signatureglobal India IPO subscribed 2.65 times on day 3, so far. Retail portion subscribed 4.18 times, NII portion 5.81 times, QIB portion 65%.
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Listing In 2007, Power Grid Corporation of India launched its Initial Public Offer (IPO). Power Grid Corporation of India Limited is listed on BSE, NSE and MCX Stock Exchange. The company is a ...
Publish by : Business TodayPower Grid Corporation of India Limited IPO listing info:
IPO Listing Date: Friday, October 5, 2007
BSE Script Code: 532898
NSE Symbol: POWERGRID
Listing in: A Group of Securities
ISIN: INE752E01010
Issue Price: Rs 52/- Per Equity Share
Face Value : Rs 10/- Per Equity Share
IPO Allotment Status is now available online for Power Grid Corporation of India Limited.
Power Grid Corporation of India Limited IPO was closed on September 13, 2007 and was oversubscribed by around 64.82 times (retail 6.7678 times).
Incorporated in 1989, 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.
Power Grid (PGCIL) is entering the capital markets with an initial public offering, IPO of 573,932,895 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 44/- at lower level and Rs 52/- at upper level for equity share of Rs 10. The issue opens on Sept 10, 2007, and closes for subscription on Sept 13, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Power Grid IPO is proposed to open on September 10, 2007. The IPO application ends on September 13, 2007.
Retail investors can apply in the retail or non-institutional investor category from September 10, 2007 to September 13, 2007. The Power Grid IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Power Grid IPO will open for subscription on September 10, 2007. The public issue will close on September 13, 2007.
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