Companies rush IPO plans to ride pre-poll euphoria

THE ECONOMIC TIMES Mon, Dec 23, 2013 | 10:03 AM IST IPO Newsletter

Companies rush IPO plans to ride pre-poll euphoria Companies rush IPO plans to ride pre-poll euphoria Strong response for PGCIL's offer spurs at least a dozen cos to fast-track public issue plans. GMR picks Citi, 3 others for $300-$350 mln airport IPO GMR picks Citi, 3 others for $300-$350 mln airport IPO GMR Infrastructure Ltd has hired four banks including Citigroup and JPMorgan to manage the listing of its airport business. Power Grid Corp $1.1 bn FPO fully subscribed Power Grid Corp $1.1 bn FPO fully subscribed Of the 78.70 crore shares offered for sale, the total number of bids received was 78.61 crore till 1600 hrs. The number of bids at cut off price was 2.5 crore. Sebi seeks clarification on GEE IPO Sebi seeks clarification on GEE IPO Sebi has sought clarifications from the merchant banker of Great Eastern Energy Corp, a coal-bed methane explorer, regarding the company's proposed IPO. Power Grid issue subscribed 69 pc on first day Power Grid issue subscribed 69 pc on first day Of the 78.70 crore shares offered for sale, total bids for 54.32 crore shares were received, as per the data available on the bourses.

Company Name Issue Size Status Date of Relevance Volume   Power Grid Corporation of India Ltd. 24697679220.00 Close 03/12/2013 to 06/12/2013 90.00

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