Power Grid Corp $1.1 bn FPO fully subscribed

THE ECONOMIC TIMES Mon, Dec 09, 2013 | 10:01 AM IST IPO Newsletter

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. Power Grid follow-on-public offer opens on bourses Power Grid follow-on-public offer opens on bourses The follow-on-public offer (FPO) for 17 per cent stake sale in Power Grid Corporation of India (PGCIL), which is expected to garner Rs 7,083 crore, opened today. Offers touch 2-month high of Rs 1,060 cr in Oct Offers touch 2-month high of Rs 1,060 cr in Oct The cumulative value of open offers made during the April-October period of current financial year has reached Rs 39,789 crore through 48 issues.

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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