Power Grid Corp FPO : Allotment Staus

by khalid on 23/11/2010 · 0 comments

Power Grid Corp FPO was open on 9th Nov 2010 and get closed on 12th Nov 2010. The price band for the issue was Rs 85 at lower level and Rs 90 at upper level. The shares are issued at Rs 90, the upper level of the price band. Power Grid Corporation of India Limited (PGCIL) is a public sector undertaking of the Indian Government. 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.

Details of different category subscription is as follows……

Total Issue Size : Rs. 7,575.91 Crores
No. of times issue is subscribed : 14.88 Times
Qualified Institutional Buyers (QIBs) : 18.52 times
Non Institutional Investors : 28.86 times
Retail Individual Investors : 3.85 times
Employee Reservations : 1.11 times
Overall : 14.88 times

Now the allotment status of Power Grid Corp FPO is available online and can be seen in following link :-
My allotment status

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