Power Grid FPO

#4
Re: Power Grid IPO

It's a Follow up public offering (FPO) of Rs 8000 crore...which is opening from 9th Nov'10 till 12th Nov'10. Price band is not yet out...so can't find out whether to invest or not???
 
#6
Re: Power Grid IPO

I just signed up with indiabulls for trading account. However, I do not see any IPOs in ongoing/forthcoming IPOs. How do I buy this IPO through indiabulls?
 

trader_man

Well-Known Member
#7
Powergrid FPO

Savant ji, government has fixed FPO of Powergrid at Rs.85-90 which is a 10% discount to CMP of Rs.102. Please advise whether this is worth investing in for gains on listing day.
 

a2744010

Active Member
#9
Re: Powergrid FPO

85-90 is an awesome offer. If it comes with 5% discount than it's like another diwali gift by govt. With increase in power makers like sjvnl, bgr, gvk, indiabulls as smaller and relpower, ntpc, nhpc as bigger players, there is only 1 company having monoploy to transfer power nationwide! And if ntpc aims in produing 25000 gb by 2020, you can assume yourself where pgc will stand. Hold onto horses.
 

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