Rural Electrification Corporation Limited (REC) FPO opens on Friday the 19th of February and closes on Tuesday the 23rd of February 2010. The issue is for a total of 17,17,32,000 equity shares comprising of a fresh issue of 12,87,99,000 shares and an offer for sale by the government of India of 4,29,33,000 shares. There would […]
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NTPC FPO response
February 6th, 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 […]