Latest News Update About Power Grid Fpo Retail Subscription: The company offers a 5% reduction in the final price to its own employees Power Grid investors and retail. The minimum bid is 65 shares of company stock Sociales.La aims to increase the transmission capacity of 23,400 MW in the current fiscal year of 19,800 MW to present.On the transmission side, the company was awarded by value of Rs 7,000 crore project. She hopes to bag projects worth Rs 14,000 crore in FY'11.? The main central transmission utility also plans to raise Rs 8000 crore by issuing bonds in the domestic market in August 2011 to fund its expansion plans. "We're still finalizing … can raise about Rs 8,000 crore next (financial) in the second or third quarter," said Chief Financial Officer Electrical J Sridharan.
FPO shipping company run by the state has attracted bids of 84.17 million shares at 90.53 rupees crore shares offered on the first day, according to data available on the National Stock Exchange. Although some of QIB was subscribed 2.09 times, retail category was subscribed 0.06 times.The followed by public offer (FPO) of India's largest transmission between Power Grid Corporation States has received a considerable response CICs and institutional investors and was oversubscribed 3.61 times. Power Grid Corp. opened for subscription of shares 841,768,246 shares with a nominal value of Rs 10 each for cash at a price band of Rs.85 to Rs.90.
It was interesting to see that yesterday, the action was R 98, but not too close to the gap in the price of French Polynesia. Can gravitate a bit more, but I'd be surprised if it closes the gap and all that down to 85-90 range R and that tells you what people think about what the price post-marketing FPO completion. My feeling is that this is a very easy call for small investors in particular detail because they have shares in R 85. After the FPO is, Powergrid Corporation came up with a public offering of shares 841,768,246 shares with a nominal value of Rs 10 each for cash at a price band of Rs.85 to Rs.90 amount . The minimum bid for retail investors is 65 shares and in multiples of 65 thereafter.
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