Friday, May 13, 2011

Power Finance FPO finally subscribed 4.34 times

Power Finance FPO subscribed 4.34 times on its last day. Power Finance FPO was open on May 10, 2011 and closed today on May 13, 2011 for subscription. Power Finance has received bids for 99,54,27,776 shares as against issue size of 22,95,53,340 shares.

Subscription Detail (Issue closing day)

Qualified Institutional Buyers (QIBs)
: 6.92 Times
Non Institutional Investors: 1.20 Times
Retail Individual Investors (RIIs): 2.00 Times
Employee: 0.91 Times

Total: 4.34 Times

Visit Power Finance FPO page for more detailed bidding information and to discuss Power Finance FPO. Power Finance FPO Allotment and Power Finance FPO Listing date will be available soon.