Power Grid Corporation FPO shares will be listed and admitted to the dealings on the exchange from today, i.e. Thursday, November 25, 2010. Power Grid Corporation had come up with a Follow-on Public Offer of 841,768,246 Equity Shares of Rs.10/- each, which had received a good response from the market with the FPO getting subscribed 14.88 times on an overall basis

Power Grid has a network of 150,000 transmission towers in India and plans to grow its business through proceeds of the FPO. Power Grid Corporation of India Limited is in the business of transmission of electric power in India

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Power Grid FPO Allotment Status has now been declared and can be checked now

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Power Grid FPO Allotment Status is expected to be declared online soon. Check back here frequently for latest update on Power Grid FPO Allotment Status!

Power Grid Corporation of India Limited is a Government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India

QIB: 18.52 times
Non-Institutional Investors: 28.86 times
Retail: 3.85 times
Employees: 1.11 times
Overall: 14.88 times

Power Grid Corporation of India, the state-run power distribution company, is planning to come up with its Follow-on Public Offer (FPO), which may hit the markets by November 2010. The Company had earlier come up with an Initial Public Offer in September 2007 in a price band of Rs.44/- to Rs.52/- per equity share and the Issue Price was fixed at Rs.52/- per equity share

Power Grid Corp is a Navratna Public Sector Enterprise and one of the largest transmission utilities in the world. Stay tuned to Indian IPO Blog for more on Power Grid Corp FPO!

Power Grid Corporation of India, the state-run power distribution company, is planning to come up with its Follow-on Public Offer (FPO) soon. The Company had come up with an Initial Public Offer in September 2007 in a price band of Rs.44/- to Rs.52/- per equity share and the Issue Price was fixed at Rs.52/- per equity share

Power Grid Corp is a Navratna Public Sector Enterprise, is one of the largest transmission utilities in the world. According to the Company's website, Power Grid Corp. has around 77,000 Circuit Kms of Transmission network and 124 nos. of EHVAC & HVDC sub-stations with a total transformation capacity of 89,000 MVA. Power Grid has also diversified into Telecom business and established a telecom network of more than 21,000 Kms across the country

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