Monday, May 2, 2011

Power Finance FPO (PFC FPO) to open on May 10th

Power Finance Corporation Ltd (PFC) is entering in the capital markets with a follow-on public offering, FPO of 22,95,53,340 Equity Shares of Rs 10 each. The issue opens on May 10, 2011 and closes for subscription on May 13, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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. PFC provides large range of Financial Products and Services including Project Term Loan, Lease Financing, Direct Discounting of Bills, Short Term Loan, Consultancy Services etc. for various Power projects in Generation, Transmission, and Distribution sector as well as for Renovation & Modernization of existing power projects.

Visit Power Finance FPO (PFC FPO) detail page for Power Finance FPO dates, PFC FPO subscription, Power Finance FPO Allotment, PFC listing and PFC IPO Reviews and discussions.