Friday, December 6, 2013

Power Grid FPO finally subscribed 6.74 times

Power Grid Corporation of India FPO finally subscribed 6.74 times on its closing day. Power Grid FPO was open on Dec 03, 2013 and closed today on Dec 06, 2013 for subscription. Power Grid has received bids for 5,30,12,95,500 shares as against issue size of 78,70,53,309 shares.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs): 9.09 Times
Non Institutional Investors: 9.70 Times
Retail Individual Investors (RIIs): 2.17 Times
Employees: 1.31 Times

Total: 6.74 Times

Visit Power Grid FPO page for more detail.