Power Finance Corporation Ltd - Prospectus Synopsis

Power Finance Corporation Ltd RHP

Registered Office : Urjanidhi No 1 Barakhamba Lane , Connaught Place , New Delhi - 110001 , New Delhi , India.

Phone : 91-11-23456000  Fax : 91-11-23412545

Email : investorsgrievance@pfcindia.com    Website : www.pfcindia.com

Further public issue of 229,553,340 equity shares of face value of Rs. 10 each (Equity Shares) of Power Finance Corporation Limited (Power Finance, The Company or The Issuer) for cash at a price of Rs. 203 per equity share (including a share premium of Rs. 193 per equity share) aggregating Rs. 4578.20 crores (The Issue). The issue comprises a fresh issue of 172,165,005 equity shares by the company (The Fresh Issue) and an offer for sale of 57,388,335 equity shares by The President of India acting through the Ministry of Power, Government of India (The Selling Shareholders)(The Offer for Sale). The issue comprises a net issue to the public of 229,277,876 equity shares (TheNet Issue) and a reservation of not more than 275,464 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue would constitute 17.39% of the post issue paid-up equity capital of the company and the net issue would constitute 17.37% of the post issue paid-up equity capital of the company. Issue price: Rs. 203 per equity share of face value of Rs. 10 each The issue price is 20.30 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
10-May-2011 13-May-2011 Rs 203 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 28 Further Multiples of : 28
  Rs Cr Lead Managers to the Issue
Project Cost 0 DSP Merrill Lynch Ltd
Project Financed through Current Offer 4578.2  
Post Issue Equity Share Capital 1319.93  
Issue Price Rs. 203  
To Meet Future Cap. requirements/Gen. Corp.Purpose
Promoted By Listing At Registrar to the Issue
President of India
Mumbai Karvy Computershare Pvt Ltd

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