Tuesday, March 15, 2011

PTC INDIA FINANCIAL SERVICES LIMITED


PTC INDIA FINANCIAL SERVICES LIMITED
Issue Open: March 16, 2011
Issue close: March 18, 2011
Price Band: Rs. 26 - Rs. 28 Per Equity Share
Minimum Bid Size: 250 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount for Retail Investor: Rs. 200000


Incorporated in 2006, PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. They are currently focusing on power generation projects in India. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.

IPO Grading / Rating:
CARE Limited has assigned an IPO Grade 4 to PTC India Financial ServicesIPO. This means as per CARE, company has 'Above Average Fundamentals'. ICRA has assigned an IPO Grade 4 to PTC India Financial Services IPO. This means as per ICRA company has 'Above Average Fundamentals'. CRISIL has assigned an IPO Grade 3 to PTC India Financial Services IPO. This means as per CRISIL, company has 'Average Fundamentals'.

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