Finance/Stocks/Equity/Mutual Funds Information Search

FPO Update - Power Grid Corporation Ltd

Labels:


Power Grid Corporation Ltd
Price band: Rs 85 to Rs 90
Issue opens on: November 9, 2010 | Issue closes on: November 12, 2010
Issue opens on: November 9, 2010
Issue closes on: November 12 , 2010
Lot size: 65 shares and in multiples of 65 shares
Price band: Rs85 - Rs90
Issue size: Rs 8500 crore
* (5% discount on issue price to retail investors and employees)

Issue highlights (source: BRLM/RHP)

  • Power Grid Corporation Ltd, a Navratna company, was established in 1992 by the Government of India to setup and strengthen the National Grid. Power Grid is the principal transmission company of the country.

  • Power Grid has a transmission business with a network of over 75,000 ckm accounts for more than 94% of the topline and bottomline (FY2010)

  • The company was first listed on the NSE and BSE on October 5, 2007 and has a present market cap of Rs 427.82bn (as of August 8, 2010)

  • The company has invested Rs 370bn in the last five years and has commissioned projects worth Rs 176bn during the same period.

  • Business strengths: The company is a dominant player in the transmission space accounting for more than 32% of the total transmission network in the country and transmitted 55% of the total power generated in FY2010.

  • Financial: The company?s total consolidated income stood at Rs 7127 crore (FY2010) v/s. Rs 4615 crore (FY2008) and its net profit stood at Rs 2041 crore (FY2010) v/s. Rs 1448 crore (FY2008).
Click to Invest NOW or Call Dial n Trade on 1-800-22-7050 / 30307600

Alternatively you can also drop in at our nearest
Sharekhan Branch and collect the FPO forms.
Sharekhan Ltd.: BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; MAPIN - 100008375; DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662. Sharekhan Commodities Pvt. Ltd.: MCX-10080; NCDEX-00132; MAPIN - 100013912, for any complaints email at igc@sharekhan.com. Regd/Admin Add:- Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Station, Kanjurmarg (East), Mumbai 400 042, Maharashtra. Please carefully read the risk disclosure document as prescribed by SEBI & FMC and Do's & Don'ts by NCDEX.
Disclaimer: Investments in equity is subject to market risks. You are advised to carefully read the red herring prospectus of the company go through all the Risk Factors mentioned in the offer document issued by the fore investing. The investment as mentioned in the document may not be suitable for all investors. Investors may take their own decisions based on their specific investment objectives and financial position and using such independent advisors, as they believe necessary.

-- 
0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Labels

 Get Free Updates of This Blog on Your PC!

Or Get Free Stock Market Tips and Analysis Delivered To Your eMail

Enter your email address

twitter / mon3yworld

Popular Posts


Blog Archive


Skype Me™!

Recent Posts


Total Pageviews

free counters
Do you Trade/Invest in ?
Select an option:
Stock Forex Mutual Funds Government Bonds Commodities Non Term Insurance (eg ULIPS) Indian Post Fix Deposits
Results

Use 'Powered by PCLinuxOS' instead of 'Built for Microsoft Windows'