Log Book

Logging the hot news from India.

Power Grid FPO priced between Rs.85-90

August 3, 2012 Finance No Comments

State-run India’s biggest power transmission company, Power Grid Corporation, has fixed its Follow-on Public Offer (FPO) at Rs. 85-90 per share making it attractive for the investors.

Bidding opens on November 9, 2010 and closes on November 11, 2010 for Qualified Institutional Buyers and on November 12, 2010 for retail bidders. Retail bidders will also get 5% discount along with the eligible employees of Power Grid.

Power Grid is now trading at around Rs. 100 and FPO price of Rs.85-90 seems lucrative for retail bidders as the FPO price is lower at 10% and also they get 5% discount. So, if they are selling them right after allotment, they can easily make 10%-15% for sure depending on the price it trades at that time.

More from my site

  • Power Grid FPO Allotment StatusPower Grid FPO Allotment Status
  • Coal India IPO Allotment StatusCoal India IPO Allotment Status
  • Nokia unveils Nokia X2 – 5 MP sleek Mobile at Rs.5899Nokia unveils Nokia X2 – 5 MP sleek Mobile at Rs.5899
  • Reliance to Offer iPhone 5c and 5s for Rs. 2599 and Rs. 2999 PM / 2 YearsReliance to Offer iPhone 5c and 5s for Rs. 2599 and Rs. 2999 PM / 2 Years
  • ABN Andhrajyothi Streams the Channel Live on YouTubeABN Andhrajyothi Streams the Channel Live on YouTube

Sharing is Caring:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to email this to a friend (Opens in new window)
Forthcoming IPOPower GridPower Grid FPO DatePower Grid FPO PricePower Grid FPO Review

Separate Telangana

OlivePad VT100 – India’s First 3G Android Tablet – Priced around Rs. 25000

Leave a Reply

Get the News Directly in Your Inbox

Enter your email address:

Delivered by FeedBurner

Categories
  • Automobiles
  • Celebrities
  • Education
  • Elections
  • Entertainment
  • Events
  • Featured
  • Festivals
  • Finance
  • Gadgets
  • India
  • Internet
  • Places
  • Politics
  • Software
  • Sports
  • Television
  • Tips
  • Travel
  • Uncategorized
  • Websites
Recently Logged News
  • Jio announced Republic Day Offers – 2018
  • National Meritorious Invention Awards – 2017
  • Jio’s new tariff plan to continue Dhan Dhana Dhan Benefits
  • Samsung Galaxy S5 Features and Specifications
  • ABN Andhrajyothi Streams the Channel Live on YouTube
  • Reliance to Offer iPhone 5c and 5s for Rs. 2599 and Rs. 2999 PM / 2 Years
  • Dhoom 3 Trailer – A big hit on YouTube
  • LPG Portability Scheme – Steps to Transfer Your Connection
  • TVS Jupiter Scooter Launched with a Price Tag of Rs.46k
  • Attarintiki Daredi 90 mins of Piracy Print Leaked Before Release
Recently Logged Comments
  • admin on GHMC Voter List Search
  • K.Srikrishna on GHMC Voter List Search
  • Rajasekar on Samsung Galaxy S5 Features and Specifications
  • Rajasekar on 160by2 and Way2SMS India’s top free online SMS providers
  • admin on GHMC Voter List Search
  • Glakshmipathy on GHMC Voter List Search
  • P.Nirmala on GHMC Voter List Search
  • Anjalipatel on GHMC Voter List Search
  • ch ankaraju on GHMC Voter List Search
  • ch ankaraju on GHMC Voter List Search
RSS Daily Search Trends
  • Mark Cuban
  • Monkeypox
  • Josh Shapiro
  • Martin Shkreli
  • Lil Meech
  • Taylor Swift
  • Whitney Heard
  • Gabe Vincent
  • Europa League
  • Kurt Busch
Proudly powered by WordPress | Theme: Doo by ThemeVS.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.