PTC India IPO Latest News Today

PTC India Financial Services Ltd (PFS) IPO shares will list on Wednesday, March 30, 2011. Issue price of this IPO has been fixed at Rs 28/- per share (Rs 27/- for retail). IPO was oversubscribed by 1.70 times (1.18 times in retail) on closing day.

IPO Listing Detail

Listing Date: Wednesday, March 30, 2011
BSE Scrip Code: 533344
NSE Symbol: PFS
Listing In: 'B' Group of Securities
ISIN: INE560K01014
Issue Price: Rs. 28.00 Per Equity Share
Retail Category: Rs. 27.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

PTC India Financial Services Ltd IPO allotment status is now available online.

PTC India Financial IPO was open on Mar 16, 2011 and closed on Mar 18, 2011. IPO was oversubscribed by 1.70 times (1.18 times in retail) on closing day.

PTC India Financial Services IPO finally subscribed 1.70 times on its closing day. PTC India Financial IPO was open on Mar 16, 2011 and closed today on Mar 18, 2011 for subscription. PTC India Financial has received bids for 22,61,57,000 shares as against issue size of 13,31,95,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 2.85 Times

Non Institutional Investors: 0.22 Times

Retail Individual Investors (RIIs): 1.18 Times

Total: 1.70 Times

PTC India Financial Services IPO subscribed 0.08 times on its day 2. PTC India Financial IPO was open on Mar 16, 2011 and will close tomorrow on Mar 18, 2011 for subscription. PTC India Financial has received bids for 1,13,11,750 shares as against issue size of 13,31,95,000 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.01 Times

Non Institutional Investors: 0.00 Times

Retail Individual Investors (RIIs): 0.19 Times

Total: 0.08 Times

PTC India Financial Services IPO subscribed 0.02 times on its day 1. PTC India Financial IPO opens today on Mar 16, 2011 and will close on Mar 18, 2011 for subscription. PTC India Financial has received bids for 25,22,750 shares as against issue size of 13,31,95,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.00 Times

Non Institutional Investors: 0.00 Times

Retail Individual Investors (RIIs): 0.05 Times

Total: 0.02 Times

PTC India Financial fixes it's IPO price band  at Rs 26/- at lower level and Rs 28/- at upper level. The issue of PTC India Financial IPO opens on Mar 16, 2011 and closes for subscription on Mar 18, 2011.

PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ('PTC'). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

PTC India Financial Services Ltd (PFS) is entering in the capital markets with an initial public offering, IPO of 156,700,000 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet.

PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by  PTC India Limited ('PTC'). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.

The issue opens on Mar 16, 2011 and closes for subscription on Mar 18, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).