The price band for the IPO of PTC India Financial Services (PFS), which opened for subscription today, was fixed at Rs.26/- to Rs.28/- per equity share. The Retail Category of Investors would be offered a discount of Re.1/- per share on the final issue price
PTC India Financial Services IPO consists of 156,700,000 Equity Shares Of Rs 10/- Each (including Anchor Portion of 23,505,000 equity shares)
According to the company's website, PTC India Financial Services Ltd (PFS) is promoted by PTC India Ltd (PTC) as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development
PTC India Financial Services IPO consists of 156,700,000 Equity Shares Of Rs 10/- Each (including Anchor Portion of 23,505,000 equity shares)
According to the company's website, PTC India Financial Services Ltd (PFS) is promoted by PTC India Ltd (PTC) as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development
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