Power Grid FPO

#41
Re: Power Grid IPO

The final figures are out.

QIB: 18.52 Times
HNI: 1.63 Times
Retail: 0.72 Times

Total: 9.72 Times

Very good response from QIB, HNI as well as Retail investors. Seems to me like retail portion will be oversubscribed more than 2 times.

Happy investing in PSU`s :)
 
#42
Re: Power Grid IPO

----------------------------------------Shares alloted---- Share applied
3 Retail Individual Investors (RIIs)---- 293432526---- 414724960---- 1.41 times
3(a) Cut Off 295475180
3(b) Price Bids 119249780
this is at 1400 IST
 
#43
Re: Power Grid IPO

Allotment expected

Retail is 3.85 times

appl for 65 to 195 shares - may be allotted 65 shares by Lottery
appl for 260 to 1105 shares - divide with 3.85 to know no. of FIRM allotment shares + few extra on a/c of rejection etc.

Listing Expected:

since it is already listed ,will depend on market conditions , however if market remains good one may expect 100+
 

deadbrain

Well-Known Member
#45
I have applied for only one lot of Power Grid, seeing the fluctuation in market, shall I expect them?
 

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