FPO Of Power Grid Open On November 9

India largest interstate transmission firm PowerGrid Corporation is scheduled to hit capital markets once again with a FPO on Nov 9, 2010 and purposes to increase Rs 8,000 cr via follow-on offer,

The company Board of Directors meeting held on Oct 20, 2010, has accepted the RHP (red herring prospectus) for FPO of the firm. The subscription for follow on offer is going to be opening on Nov 09, 2010 although closing for retail and NonI nstitutional bidders Nov 12, 2010. and for QIB bidders on November 11, 2010

The firm had increased around Rs 3,000 cr through IPO in Oct, 2007, where the govt had divested 5percent stake in the firm.

Tags;

powerGrid fpo  details, listing date, powergrid listing details and term follow on offering

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Short Term Share Trading

Short Term Share Trading Short term share trading means purchasing stocks and holding them for several time period is called Short term share trading. Short term trading involves buying ...…

What is a Demat Account ?

What is a Demat Account ? Demat account permit you to buy, sell and transact shares without the endless paperwork and delays. It is also secure , safe, and convenient. The term ...…

Economic Times

Economic Times Economic Times is India biggest daily business newspaper. Economic Times furthermore stood 2nd place in entire world following the Wall Street Journal. Economic Times was ...…

How does one buy Shares?

How does one buy Shares? Shares are bought and sold on the stock exchanges ( nse , bse market ) -- the two main ones in India are the NSE ...…

No Risk Mutual Fund

No Risk Mutual Fund Plenty of monetary advice written on the web thinks that the viewer is actually very logical, the stock market is very rational, and almost everything ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics