The Equity Shares offered under Power Finance Corporation (PFC) FPO would be included in trading on the exchanges with effect from today, i.e. Friday, May 27, 2011. The FPO consisted of Fresh Issue of 17,21,65,005 Equity shares of Rs. 10/- each fully paid-up issued by way of Public Issue

Power Finance Corporation (PFC) FPO was oversubscribed 4.34 times on an overall basis and 2.00 times in the Retail Category. The Issue Price for Equity Shares offered under Power Finance Corporation (PFC) Follow-on Public Offer (FPO) is set at Rs.203/- per equity share, which is the upper end of the price band of Rs.193/- to Rs.203/- per equity share

Stay tuned for latest updates on  Power Finance Corporation (PFC) FPO!

Power Finance Corporation (PFC) FPO Allotment Status is expected to be declared online in about 1-2 days. Stay tuned to this post and Indian IPO Blog for the latest update on Power Finance Corporation (PFC) FPO Allotment Status

Power Finance Corporation (PFC) FPO was oversubscribed 4.34 times on an overall basis and 2.00 times in the Retail Category. The Issue Price for Equity Shares offered under Power Finance Corporation (PFC) Follow-on Public Offer (FPO) is set at Rs.203/- per equity share, which is the upper end of the price band of Rs.193/- to Rs.203/- per equity share


Update:Power Finance Corporation FPO Allotment Status

The Issue Price for Equity Shares offered under Power Finance Corporation (PFC) Follow-on Public Offer (FPO) is set at Rs.203/- per equity share, which is the upper end of the price band of Rs.193/- to Rs.203/- per equity share

Retail Investors and Eligible Employees will get a 5% discount on the Issue Price, which means that these categories of investors would get equity shares at Rs.192.85 per equity share. Power Finance Corporation (PFC) FPO, which closed for subscription on Friday, May 13, 2011 was subscribed 4.34 times on an overall basis and 2.00 times in the Retail Category. The Employees portion was bid 0.91 times

Stay tuned for the latest updates on Power Finance Corporation (PFC) Allotment Status, Power Finance Corporation (PFC) Listing Dates and more details on the FPO!

QIB: 0.32 times
Non-Institutional Investors: 0.00 times
Retail: 0.10 times
Employees: 0.00 times
Overall: 0.20 times

QIB: 0.17 times
Non-Institutional Investors: 0.00 times
Retail: 0.02 times
Employees: 0.00 times
Overall: 0.09 times

Power Finance Corporation Limited, the state-run Navratna Financial Institution, is coming up with a Follow-on Public Offer (FPO), which opens for subscription from today

PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been  conferred with the status of  Nav-Ratna PSU by Govt. of India on 22nd June, 2007

Power Finance Corporation FPO Price Band has been fixed at Rs.193/- to Rs.203/- per equity share. The shares of Power Finance Corporation Limited are currently listed on both the exchanges. Stay tuned to Indian IPO Blog for the latest updates on the FPO!

Power Finance Corporation FPO Price Band has been fixed at Rs.193/- to Rs.203/- per equity share. The shares of Power Finance Corporation Limited are currently listed on both the exchanges. Power Finance Corporation FPO would open for subscription from Tuesday, May 10, 2011

PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been  conferred with the status of  Nav-Ratna PSU by Govt. of India on 22nd June, 2007

The Price Band was announced on Friday, May 06, 2011 when the closing market price of Power Finance Corporation Limited was Rs.214.55 on the BSE

Power Finance Corporation Limited, a Govt. of India Undertaking, is coming up with a Follow-on Public Offer (FPO), which would open from Tuesday, May 10, 2011

PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been  conferred with the status of  Nav-Ratna PSU by Govt. of India on 22nd June, 2007

PFC provides large range of Financial Products and Services like Project Term Loan, Lease Financing, Direct Discounting of Bills, Short Term Loan, Consultancy Services etc.for various Power projects in Generation, Transmission, Distribution sector as well as for Renovation and Modernisation of existing power projects

Check back Indian IPO Blog for the latest updates on the FPO!