Power Finance fixes it's FPO price band at Rs 193/- at lower level and Rs 203/- at upper level. The issue of PFC FPO opens on May 10, 2011 and closes for subscription on May 13, 2011.
Power Finance Corporation ltd is India based Financial Institution (Non Banking Financial Company) providing funding to Power Sector projects. The company has status of Nav-Ratna PSU by Government of India. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Visit Power Finance FPO page for more detail.