Monday, October 25, 2010

Power Grid Corporation of India Ltd - IPO Details

Power Grid Corporation of India Limited

BRLM: SBI Capital Markets/Goldman Sachs/ICICI Securities/JP Morgan India
Syndicate Member : India Infoline Ltd
Issue Period: 9th November - 12th November, 2010
QIB Bid Closes : 11th November, 2010
Retial/HNI/Employees Bid Closes : 12th November, 2010
Retail Application Size : Rs.1,00,000 ( As per the prospectus filed with SEBI & ROC)
Face Value Rs.10/-
Price Band: The Price Band, Retail Discount, Employees Discount will announced one day prior to the issue opens.
Lot Size: Bid lot will announced one day prior to the issue opens
Issue Size: 84,17,68,246 Equity Shares
Registrar: Karvy Computershare India Pvt Ltd.
Listing : NSE and BSE
Employees : 33,89,600 Equity Shares
Net Issue Size : 83,83,78,646 Equity Shares

Issue:
QIB Book: 41,91,89,323 Equity Shares(50% of Net issue size)
HNI Book: 12,57,56,797 Equity Shares(15% of Net issue size)
Retail Book: 29,34,32,526 Equity Shares(35% of Net issue size)


Thanks,
Gaurav Agarwal
Head dealer
DENIP Consultants Pvt Ltd

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