The government today announced the floor price for its offer for sale of 5% of the equity in NTPC. The floor price is Rs 201 which is a discount of Rs 10.25 per share or 4.85% on Monday’s close of Rs 211.25 on the BSE. Retail investors and HNI’s will be offered half the issue […]
Posts Tagged ‘NTPC’
NTPC FPO: A perspective
January 24th, 2010
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NTPC would be coming out with a follow on public offer which opens on Wednesday the 3rd of February and closes on Friday the 5th of February. The size of the issue is about 41.227 cr shares and it is an offer for sale by the government of India, which is reducing its holding by […]
NTPC files DRHP for FPO
January 14th, 2010
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NTPC the largest power generating company has filed its DRHP for its FPO with SEBI. The issue is for a 5% divestment by the Government of India and would comprise of roughly 41.5 cr shares. Almost half of this would be sold through a French Auction in which QIB’s would be asked to bid, and […]
