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 […]

PFC has received the consent of the ministry of power to go ahead with its FPO. The issue would consist of fresh dilution of 15% and an offer for sale of 5%. Based on yesterday’s closing price of Rs 316.50 and assuming roughly 22.95 cr shares the issue size would be in the region of […]