Power Grid FPO, (PGCIL) Power Grid Corporation of India Ltd FPO

IPO Initial Public Offerings

Retail investors and employees will get equity shares at 5% discount to final issue price.

Power Grid (PGCIL) FPO Information:
– Issue Open: Nov 9, 2010
– Issue Close: Nov 12, 2010
– Issue Size: Rs. 8000 Crore (Approx)
– Face Value: Rs. 10 / Equity Share
– Issue Price: Rs. 85 – Rs. 90 Per Equity Share (Approx)
– Minimum Quantity: 65 Shares (Rs. 5850 with 1 Lot)
– Maximum Quantity: 1105 Shares (Rs. 99450 with 17 Lot)
– Listing At: BSE, NSE
Power Grid (PGCIL) FPO Grading / Rating
About Company:
POWERGRID Corporation of India Ltd has been carrying out its responsibilities efficiently in the Construction,Operation & Maintenance of inter-State transmission systems and operation of Regional Power Grids. It has been notified as the Central Transmission Utility (CTU) of the country. Ever since its inception in 1992, POWERGRID has established a transmission network of about 69,480 circuit kms and 116 sub-stations having more than 77,217 MVA transformation capacity. At the begenning of its commercial business, the initial network was only 22,220 circuit kms and 42 substations with transformation capacity of 12,200 MVA. Based on its impeccable performance in a short span of time, POWERGRID was recognized as the Miniratna Category–I PSU by GoI w.e.f. Oct’98. POWERGRID has achieved many milestones & established benchmarks in various areas of its business operations and now plays a strategic role in the Indian Power Sector in establishing & maintaining the transmission infrastructure. Recognising POWERGRID’s sterling performance, the Government of India conferred the status of “Navratna” to POWERGRID w.e.f 1st May, 2008.
Contact Information:

Registered Office: “Saudamini”, Plot No.2, Sector 29, Gurgaon 122 001, Haryana, India 
Phone: +91 (124) 2571 700
Fax: +91 (124) 2571 848
Website: http://www.powergridindia.com

Book Running Lead Manager(s)

1. Goldman Sachs (India) Securities Private Limited
2. ICICI Securities Limited
3. J.P. Morgan India Private Limited
4. SBI Capital Markets Limited

Registrar of Power Grid (PGCIL) FPO

Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Website: http://karisma.karvy.com

More Information: 
Power Grid (PGCIL) FPO Grey Market Premium & Kostak Rates: Click Here
Power Grid (PGCIL) FPO Listing Date: Click Here

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