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Power Grid FPO price set at Rs 90/share, govt to get Rs 1,600 croreThe government today fixed the issue price for the sale of Power Grid Corporation shares at Rs 90 apiece, the upper end of the band, which ...- With Power Grid, investors looking at power sector again: Pashupati AdvaniPashupati Advani, Nirmal Bang Institutional Equities, shares his views on the Power Grid FPO.
- Brokerages prescribe Power Grid FPO for long-term investorsThe company has fixed the FPO price band at Rs 85-90 per share. Retail category and employees will be given a discount of 5 percent on the ...
- Powergrid: Stock may take a knock on 'high' stake sale planA higher-than-expected dilution of equity of state-owned PowerGrid through a follow-on public offer may put pressure on its stock until the...
- Power Ministry to soon float Cabinet note for Power Grid FPOCalculated on the basis of current market price (Rs 99 apiece), the company is expected to mop up over Rs 4,100 crore through the FPO.
- Power Grid sticks to Rs 16,000-crore borrowing plan this yearState-run Power Grid Corporation will go ahead with its Rs 16,000-crore borrowing programme for this financial year.
- PowerGrid's FPO shares admitted on bourses; scrip hits year-lowEmployees and retail investors were given equity stocks at 5 per cent discount on the final issue price i.e. at Rs 85.50 per share.
- Power Grid FPO fully subscribed in retail portionThe strong response to the FPO is on the lines of that seen when the company had come out with its IPO in September 2007.
- Power Grid $1.7 bn FPO subscribed 9.7 times by Day 3At the upper end of the price range, Power Grid's FPO is worth nearly Rs 7,600 crore and at the lower end, it would fetch about Rs 7,155 cr...
- PowerGrid FPO oversubscribed 3.61 times on Day 2PowerGrid Corporation's Rs 7,600-crore FPO got a smart response from investors with a subscription of 3.61 times till 1700 hours on second ...
- Positive on Power Grid: Gaurang Shah, Geojit BNP Paribas Financial ServicesThe company is trying to invest about 70000 crores from FY11 to FY15
- Power Grid sets $27 bn capex target for 2012-2017The price band of Power Grid's Rs 7,600 cr FPO was fixed by the government at Rs 85-90 per share, which is at a discount of 12%.
- Power Grid Corporation FPO band at Rs 85-90/share, stock down over 3%The retail investors and eligible employees will get 5% discount at the issue price on allotment of Power Grid Corporation of India shares.
- Power Grid sheds nearly 6 pc on BSE in early tradePower Grid slumped after the government fixed the price band of the firm's follow-on public offer at a 12 per cent discount to its Friday c...
- Power Grid's growth our biggest sales pitch: SK ChaturvediPower Grid’s chairman & managing director SK Chaturvedi spoke to ET about his big sales pitch to raise Rs 8,000 crore and also about the bi...
- Top-rung bankers queue up to woo PowerGridIndia's capital city on Tuesday was witness to a beauty pageant of a different kind. Top-rung bankers from foreign and domestic banks desce...
- Government clears PowerGrid FPO; to divest 10 per cent stakeThe government approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 c...
- Macquarie recommends `Underperform’ rating on Power Grid CorporationMacquarie recommends 'Underperform' rating on Power Grid Corporation.
- PowerGrid Corp FPO expected by SeptState-owned PowerGrid Corporation would hit the market with its follow-on public offer to raise Rs 3,500 crore by September this year.
- PowerGrid to hit capital market in 6-8 monthsState-owned PowerGrid Corp on Tuesday said it will hit the capital market with its follow-on public offer in the next 6-8 months.
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