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POWERGRID FPO
- PowerGrid FPO: New shares to start trading from Nov 26
PowerGrid Corporation said new shares allotted to the public under its recent 20% FPO will start trading on the bourses from Nov 26.
- Govt fixes PowerGrid issue price at Rs 90 a share
The govt fixed the issue price of PowerGrid's FPO offer at Rs 90 per share, the upper end of the price band, a rate which will fetch the ex...
- Power Grid FPO gets Rs 81K cr bids; oversubscribed 10.67 times
Employees and retail investors will be given equity stocks at 5 per cent discount on the final issue price.
- Power Grid FPO fully subscribed in retail portion
The 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 3
At 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...
- Power Grid FPO subscribed 5.31 times till 1400 hrs on Day 3
The FPO attracted bids for Rs 447 cr shares against 84.17 cr shares on offer on the third day, according to the data available on NSE websi...
- PowerGrid FPO oversubscribed 3.61 times on Day 2
PowerGrid 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 ...
- Power Grid sheds nearly 6 pc on BSE in early trade
Power 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...
- Govt may go for disinvestment in 7 more companies this fiscal
The public issue of PowerGrid is expected in the second week of November and of Manganese Ore India Ltd towards the end of November.
- PowerGrid FPO in November second week
Power Grid Corporation would come out with its FPO in the second week of November, the company chairman and managing director S K Chaturved...
- PowerGrid’s Rs 8000 cr FPO to hit market in November
The Rs 8,000-crore further public offering (FPO) of state-run transmission utilities firm PowerGrid Corporation of India is set to enter th...
- PowerGrid mulls entering telecom tower biz
In order to unlock the value of its tower assets before the follow-on offer, state-run transmission major PowerGrid Corporation may enter t...
- Top-rung bankers queue up to woo PowerGrid
India'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 stake
The government approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 c...
- PowerGrid Corp FPO expected by Sept
State-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 months
State-owned PowerGrid Corp on Tuesday said it will hit the capital market with its follow-on public offer in the next 6-8 months.
- PowerGrid's Rs 2,000-cr FPO to hit market by March next year
State-run power utility Power Grid Corporation today said its Rs 2,000-crore follow on public offer is likely to hit the capital market by ...