NTPC’s Follow on offer opened yesterday and the Institutional portion was bid one time at Rs 209. Retail investors who are being offered shares at the floor price of Rs 201 are effectively being offered shares at a discount of Rs 8 to the current market price. The retail portion is huge and 14.28 cr […]
Archive for the ‘FPO’ Category
NTPC FPO response
February 4th, 2010
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NTPC’s Follow on offer opened yesterday and the Institutional portion was bid one time at Rs 209. Retail investors who are being offered shares at the floor price of Rs 201 are effectively being offered shares at a discount of Rs 8 to the current market price. The retail portion is huge and 14.28 cr […]
NTPC FPO: A great opportunity to invest in the company–Subscribe
February 3rd, 2010
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NTPC is entering the market with a follow on offering where the principal shareholder the government of India is selling by way of divestment 5% of the equity amounting to 41.227 cr shares. The issue opens on Wednesday the 3rd of February and closes on Friday the 5th of February. Offer for Sale 41,22,73,220 shares […]