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Power Grid FPO 2 Subscription Details (Live Status)

Power Grid FPO 2 Details

Issue Open Dec 3, 2013
Issue Close Dec 6, 2013
IPO Price ₹86
Face Value ₹10
IPO Size ₹6,958.64 Cr
Listing At BSE, NSE
IPO Lot Size 150
Open an Instant Account with Zerodha

Power Grid FPO 2 Subscription Status Live

Power Grid FPO 2 subscribed 6.74 times. The public issue subscribed 2.17 times in the retail category, 9.09 times in QIB, and 9.70 times in the NII category by Dec 6, 2013.

Investor CategorySubscription (times)
Qualified Institutions9.09
Non-Institutional Buyers9.70
Retail Investors2.17
Employees1.31
Others[.]
Total6.74

Power Grid FPO 2 Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Dec 3, 2013
0.110.000.000.000.06
Day 2
Dec 4, 2013
2.010.000.160.171.06
Day 3
Dec 5, 2013
9.090.120.650.484.77
Day 4
Dec 6, 2013
9.099.702.171.316.74

Power Grid FPO 2 Shares Offered

Power Grid FPO 2 is a public issue of 787,053,309 equity shares. The issue offers 274,418,658 shares to retail investors, 392,026,655 shares to qualified institutional buyers, and 117,607,996 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
QIB392,026,6553,371.43
NII117,607,9961,011.43
Retail274,418,6582,360.00
Employee3,000,00025.80
Total787,053,3096,768.66

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Power Grid FPO 2 Subscription FAQs

The Power Grid FPO 2 is subscribed 6.74 by Dec 6, 2013.

Power Grid FPO 2 Subscription

Investor CategorySubscription (times)
Qualified Institutional9.09
Non Institutional9.70
Retail Individual2.17
Employee Reservations1.31
Others[.]
Total Subscription6.74

Retail category of Power Grid FPO 2 subscribed 2.17 times as of date Dec 6, 2013. The public issue closes on Dec 6, 2013 for bidding.

An investor can apply in Power Grid FPO 2 online via bank (using ASBA) or the broker (using UPI). The Power Grid FPO 2 shares are offered online only.

The Power Grid FPO 2 is subscribed 6.74 by Dec 6, 2013.

The Power Grid FPO 2 allotment status is expected on or around . Visit Power Grid FPO 2 allotment status to check.

The Power Grid FPO 2 listing date is Thursday, December 19, 2013. The equity share of Power Grid Corporation of India will list on BSE, NSE.

Visit Power Grid FPO 2 subscription status page for real-time bidding information about Power Grid FPO 2.

Power Grid FPO 2 Timetable

IPO Opens OnDec 3, 2013
IPO Closes OnDec 6, 2013
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date