Retail investors must grab opportunity Power Finance Corporation Limited is tapping the capital markets with its FPO (follow on public offer) where the QIB portion has closed for subscription being subscribed 6.92 times. The issue closes for non QIB’s on Friday the 13th of May. Price Band Rs 193 – Rs 203 Discount to Retail […]

The FPO from Power Finance Corporation Limited has been fully subscribed. Today the issue closed for QIB’s and that portion was subscribed 6.92 times. This is a good level of subscription and shows the appetite that the share has generated. The HNI portion was hardly subscribed while the retail portion was subscribed by a third […]

Rs 193-203 with discount of 5% to retail and employees Power Finance Corporation Limited announced the price band for its follow on offer which opens on Tuesday the 10th of May and closes for QIB’s on Thursday 12th May and for non QIB bidders on Friday the 13th of May. The price band is Rs […]