PTC Financial Services IPO : Planning an IPO in FY11
PTC Financial Services is a subsidiary of PTC India Ltd the leading provider of power trading solutions in India. PTC India holds 77% in PTC Financial Services (PFS). The company have taken in-principle decision in the board to go for IPO during the current financial year. The actual timing of the IPO and the amount to be raised from primary market will be decided later on. PFS management is in touch with some merchant bankers.
Share’s DATA of PTC India Ltd :-
BSE Code : 532524
Face Value : Rs 10.00
Mkt. Cap: 3288 Crores
P/E: 27.81
EPS: Rs 3.99 in Mar 2009
Last dividend : 12% in Jul 2009
52 Week H/L : Rs 125.50 / 69.00
PTC India Ltd. share’s CMP is Rs 111.65 on 16th Apr 2010
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