What was the IPO price of power grid?
Rs 104 per unit
NEW DELHI: PowerGrid InvIT, the infrastructure investment trust (InvIT) sponsored by the Power Grid Corporation of India, debuted at Rs 104 per unit on BSE, a premium of 4 per cent over its issue size of Rs 100 per unit. The IPO, which ran from April 29 to May 3, was subscribed 4.83 times.
How is Power Grid IPO?
PowerGrid InvIT successfully raised Rs 7,735 crore through the public issue which had comprised a fresh issue of Rs 4,993.48 crore and an offer for sale of Rs 2,741.51 crore by unit holders. The net proceeds from the fresh issue will be utilised for providing loans to the Initial Portfolio Assets for repaying of debts.
Is PowerGrid a public company?
PGCIL is a public sector undertaking. The Government of India (GoI) held 51.34% stake in the company as on 31 December 2020.
What was the price of Coal India IPO?
The government on Monday fixed Coal India’s (CIL’s) initial public offer (IPO) price at Rs 245 per share, the upper end of the range. The government will fetch Rs 15,100 crore by selling 631.6 million shares, or 10 per cent stake, at Rs 245 per share. It will offer retail investors a discount of five per cent.
What was the IPO price of NTPC?
In October 2004, NTPC launched its Initial Public Offering (IPO) consisting of 5.25% as fresh issue and 5.25% as offer for sale by Government of India….NTPC FPO Details.
| IPO Opening Date | Feb 3, 2010 |
|---|---|
| Face Value | ₹10 per equity share |
| IPO Price | ₹201 to ₹ per equity share |
| Market Lot | 28 Shares |
| Min Order Quantity | 28 Shares |
Which are the upcoming IPOS in India?
Maruti Suzuki, grinding through a chip shortage and pro …
- Paytm.
- Adani Wilmar.
- Aadhar Housing Finance.
- Paradeep Phosphates.
- Seven Islands Shipping.
- Keventer Agro.
- Arohan Financial Services.
How do I get the Power Grid IPO?
You can apply in Power Grid IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account.
Is it good to buy Power Grid IPO?
NEW DELHI: The Rs 7,735 crore initial public offering (IPO) of PowerGrid Infrastructure Investment Trust (InvIT) is set to open for public bidding on Thursday. The issue will close on May 3. Most analysts say investors should subscribe to the issue as it offers prospects of lucrative and consistent yields.
Is Powergrid a navratna company?
The Government of India granted the ‘Navratna’ status to POWERGRID, paving way for greater financial autonomy for the company. The ‘Navratna’ status is a benchmark of excellence created by the government to recognize frontline PSEs.
When was Coal India IPO launched?
Oct 18, 2010
Coal India IPO Details
| IPO Opening Date | Oct 18, 2010 |
|---|---|
| IPO Price | ₹225 to ₹245 per equity share |
| Market Lot | 25 Shares |
| Min Order Quantity | 25 Shares |
| Listing At | BSE, NSE |
What was the IPO price of TCS?
Tata Consultancy Services Ltd
| Issue Open Date | 29-Jul-04 |
|---|---|
| Price Band (Rs.) | 775 – 900 |
| Minimum Bid Quantity | 7 |
| Issue Size (Shares) | 55452600 |
| Market Lot | 1 |
Power Grid IPO is a main-board IPO of 573,932,895 equity shares of the face value of ₹10 aggregating up to ₹2,984.45 Crores. The issue is priced at ₹44 to ₹52 per equity share. The minimum order quantity is 125 Shares. The IPO opens on Sep 10, 2007, and closes on Sep 13, 2007.
What is minimum order quantity for power grid FPO?
Power Grid FPO is a main-board FPO of 841,768,246 equity shares of the face value of ₹10 aggregating up to ₹7,442.34 Crores. The issue is priced at ₹85 to ₹90 per equity share. The minimum order quantity is 65 Shares.
Who is the Power Grid Corporation of India?
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India.
When did the Chittorgarh FPO bid close?
Bid opened on November 9,2010 for all Bidders. The Bid closed on November 11,2010 for QIB Bidders and on November 12,2010 for Retail and Non-Institutional Bidders, (including Eligible Employees bidding under Employees Reservation Portion)
