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