power grid corporation
- Thread starter sonu123
- Start date
Good ipo
per in range of 16-18 approx .
one can apply for long term also ,real potential of this can be felt only in 2-3 years
its a must to be owned stock in every portfolio
Go for it ,irrespective of markets or listing gains
it will reward well ,if ones hold patiently .
none of psu ipos ( i mean fresh ipos ) gave negatve returns in recent times .
as psu ipos are priced much reasonable .
dont miss this and also apply in forthcoming REC /NHPC ipos
power is the future / dont miss the train now ...............
conservative investors can invest for stable gains ,pgcil wont disappoint u .
we have a strong apply in this ipo ,also advised our group members also for it .
cheers
srinivasan
per in range of 16-18 approx .
one can apply for long term also ,real potential of this can be felt only in 2-3 years
its a must to be owned stock in every portfolio
Go for it ,irrespective of markets or listing gains
it will reward well ,if ones hold patiently .
none of psu ipos ( i mean fresh ipos ) gave negatve returns in recent times .
as psu ipos are priced much reasonable .
dont miss this and also apply in forthcoming REC /NHPC ipos
power is the future / dont miss the train now ...............
conservative investors can invest for stable gains ,pgcil wont disappoint u .
we have a strong apply in this ipo ,also advised our group members also for it .
cheers
srinivasan
Hello All
Here are some informations about company's background:
Power Grid Corporation of India Limited:
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of Indias interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
for the implementation of certain identified transmission projects.
Power Grid Corporation of India Limited IPO Information
Public Issue Open : September 10, 2007 to September 13, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets and ENAM Financial Consultants
Registrar : Karvy Computershare Pvt Ltd (Ph: 040 23420814 Email: [email protected])
Here are some informations about company's background:
Power Grid Corporation of India Limited:
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of Indias interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
for the implementation of certain identified transmission projects.
Power Grid Corporation of India Limited IPO Information
Public Issue Open : September 10, 2007 to September 13, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets and ENAM Financial Consultants
Registrar : Karvy Computershare Pvt Ltd (Ph: 040 23420814 Email: [email protected])
Hello
Just have a look....
PGCIL:
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of Indias interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
for the implementation of certain identified transmission projects.
Power Grid Corporation of India Limited IPO Information
Public Issue Open : September 10, 2007 to September 13, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets and ENAM Financial Consultants
Registrar : Karvy Computershare Pvt Ltd (Ph: 040 23420814 Email: [email protected])
Just have a look....
PGCIL:
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of Indias interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Objects of the Issue:
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
for the implementation of certain identified transmission projects.
Power Grid Corporation of India Limited IPO Information
Public Issue Open : September 10, 2007 to September 13, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: Kotak Mahindra Capital, Citigroup Global Markets and ENAM Financial Consultants
Registrar : Karvy Computershare Pvt Ltd (Ph: 040 23420814 Email: [email protected])
I think PGCIL will oversubscribe not more then 7 times in retail. Usually retailers bid for 5000 crore in an good issue. So it comes out 5 times in retail. But being such a good issue it will not cross 7 times in retail.
Wht u say.....
Wht u say.....
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