Tuesday, December 3, 2013

IPO - POWER GRID CORPORATION OF INDIA LIMITED

Issue Open: December 03, 2013
Issue close: December 06, 2013
Price Band: Rs. 85 - Rs. 90 Per Equity Share
Minimum Bid Size: 150 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount  for Retail Investor: Rs. 200000


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 India’s interstate and inter-regional electric power transmission system and carries electric power across India.