SCI or Shipping Corporation of India Limited has filed its RHP for its forthcoming FPO. The company has equity of 42.345 cr shares and a market cap of Rs Rs 6,991.16 crs based on the closing price of Rs 165.10 on Tuesday the 16th of November. The company plans to sell 10% of its equity [...]
Archive for the ‘FPO’ Category
Power Grid FPO Oversubscribed almost 15 times
November 13th, 2010
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Power Grid Corporation Limited received excellent response from HNI’s and retail investors on the last day of subscription to the FPO. The issue was subscribed an overall 14.88 times. Readers would recall that the FPO from Power Grid Corporation was open from Tuesday the 9th of November and closed for subscription for QIB’s on Thursday [...]
Power Grid FPO QIB Portion subscribed 18.52 times
November 12th, 2010
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Power Grid Corporation FPO which closed for QIB’s yesterday was very well subscribed. The response received was excellent and a total of 776,51,60,520 were subscribed against an offer of 41,91,89,323 shares resulting in an oversubscription of 18.52 times. Two things have happened helping this response. The success that Coal India garnered in the subscription and [...]
