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 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 […]

Decent appreciation in the medium term Power Grid Corporation Limited FPO has opened for subscription on Tuesday the 9th of November and would close on Thursday the 11th of November for QIB bidders and for all others on Friday the 12th of November. Price Band Rs 85-90 Employee and Retail Discount  Discount of 5% on […]