Power Grid Corporation of India Ltd RHP
Registered Office : B-9 Qutab Institutional Area , Katwaria Sarai , New Delhi - 110016 , New Delhi , India.
Phone : 91-11-26560112 Fax : 91-11-26601081
Email :investors@powergrid.co.in; mrinal@powergrid.in Website : www.powergrid.in
Further public offer of 787,053,309 equity shares of Rs. 10 each (equity shares) for cash at a price of Rs. 90~ per equity share of Power Grid Corporation of India Limited (POWERGRID, The Company or The Issuer) aggregating Rs. 6958.64 crores (The Offer). The offer comprises a fresh issue of 601,864,295 equity shares by the company (The Fresh Issue) and an offer for sale of 185,189,014 equity shares by The President of India, acting through the Ministry of Power, Government of India (The Selling Shareholder) (The Offer for Sale). The offer comprises a net offer to the public of 784,053,309 equity shares (The Net Offer) and a reservation of 3,000,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The offer would constitute 15.04% of the post offer paid-up equity capital of the company and the net offer would constitute 14.99% of the post offer paid-up equity capital of the company. The face value of the equity share is Rs. 10 each. The Offer Price: Rs. 90 per equity share of face value of Rs. 10 each. The offer price is 9 times of the face value. * Discount of Rs. 4.50 to the offer price is being offered to retail individual investors (the Retail Discount) and eligible employees bidding in the employees reservation portion (the employee discount)..
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
12/3/2013 12:00:00 AM | 12/6/2013 12:00:00 AM | Rs 90 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 150 Further Multiples of : 150 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 0 | Citigroup Global Markets India Pvt Ltd |
Project Financed through Current Offer | 6958.64 | |
Post Issue Equity Share Capital | 0 | |
Issue Price | Rs. 90 |
Projects |
---|
To Meet Cap. requirements for Transmission Project |
Promoted By | Listing At | Registrar to the Issue | |
---|---|---|---|
| - | Karvy Computershare Pvt Ltd |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.