Monday, May 2, 2011

Power Finance Corporation Limited -FPO Details

Please find below mentioned details of Power Finance Corporation Limited FPO.

BOOKS Open : May 10, 2011 (Tuesday)

QIB Bid Closes : May 12, 2011 (Thursday) Retail/HNI Book Closes : May 13, 2011 (Friday)

Price Band : Will be announce one day prior to the issue opens

Lot Size : Will be announce one day prior to the issue opens

Retail Discount : Will be announce one day prior to the issue opens

Employee Discount : Will be announce one day prior to the issue opens

Issue Size : 22,95,53,340 Equity shares of Rs.10/- each

Fresh Issue : 17,21,65,005 Equity Shares

Offer for Sale : 2,73,88,335 Equity Shares

By Government of India Employee Reservation : 2,75,464 Equity Share

Net Issue : 22,92,77,876 Equity Share

QIB Book : 11,46,38,938 Equity shares (50% of the Net issue size)

HNI Book : 3,43,91,681 Equity shares (15% of Net issue size)

Retail Book : 8,02,47,257 Equity shares (35% of Net issue size)

BRLMs : JM Financial Consultants P. Ltd,ICICI Securities Ltd, DSP Merrill Lynch Ltd, Goldman Sachs (India) Securities Private Limited

Registrar to the Issue - Karvy Computershare Private Limited

Thanks & regards,
Priyanka Kothari
Client Service Associate

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