Archive for the ‘FPO’ Category

Engineers India FPO price band announced Rs 270-290

Engineers India Limited which is tapping the capital markets with its FPO today announced the price band as Rs 270-290. The issue opens on Tuesday the 27th of July and closes on Friday the 30th of July. The size of the issue is 3,36,93,660 shares and the issue would raise Rs 909.73 crs at the […]

Power Grid Corporation Limited FPO

The board of Directors of Power Grid Corporation Limited today approved subject to Government of India clearance and approval a FPO (follow on public offer) of 10% and a further dilution of 10%. The present equity of the company is 4208.84 crs, the closing price on the BSE on Friday the 2nd July was Rs […]

SAIL FPO cleared by cabinet

SAIL or Steel Authority of India Limited which is a PSU and where the government of India holds 85.6 % shares has received the Cabinet approval for a further issue and divestment by the government. The clearance is for a two stage stake sail involving a FPO of 5% and a stake sale of 5% […]

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