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IPO

IPO Details


Power Finance Corporation Ltd
Registered Office: Urjanidhi No 1 Barakhamba Lane, Connaught Place, New Delhi - 110001, New Delhi
Phone: 91-11-23456000
Email: investorsgrievance@pfcindia.com
Website: www.pfcindia.com
Further public issue of 229,553,340 equity shares of face value of Rs. 10 each (Equity Shares) of Power Finance Corporation Limited (Power Finance, The Company or The Issuer) for cash at a price of Rs. 203 per equity share (including a share premium of Rs. 193 per equity share) aggregating Rs. 4578.20 crores (The Issue). The issue comprises a fresh issue of 172,165,005 equity shares by the company (The Fresh Issue) and an offer for sale of 57,388,335 equity shares by The President of India acting through the Ministry of Power, Government of India (The Selling Shareholders)(The Offer for Sale). The issue comprises a net issue to the public of 229,277,876 equity shares (TheNet Issue) and a reservation of not more than 275,464 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue would constitute 17.39% of the post issue paid-up equity capital of the company and the net issue would constitute 17.37% of the post issue paid-up equity capital of the company. Issue price: Rs. 203 per equity share of face value of Rs. 10 each The issue price is 20.30 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
10-May-2011 13-May-2011 ₹ 203.00 ₹ 0.00
Minimum Application for shares in Nos : 28 Further Multiples of : 28
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 DSP Merrill Lynch Ltd
Project Financed through Current Offer 4,578.20
Post Issue Equity Share Capital 1,319.93
Issue Price ₹203.00
Projects
Augment the capital base & to meet future cap. req
General corporate purposes
Promoted By
President of India
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

84,184.39 999.59 (1.20%)

Nifty

25,712.40 296.60 (1.17%)

GLOBAL INDICES

USD

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)