[suman]

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Hi I would like to have the information about the FPO issue of Power Grid Corporation of India Limited (PGCIL) as well as its subscription details & prospectus?

[prince karak]

Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government possessed, open division endeavor. PGCIL is in the matter of transmission of electric power in India.

Power Grid Corporation of India FPO

The protest of the issue are to:

1. Complete the disinvestment of 185,189,014 Equity Shares of 10 each by the Selling Shareholder.

2. Meet the capital necessities for the usage of certain distinguished transmission ventures ("Identified Projects"); and

3. General corporate purposes.

Issue Detail:

Issue Open: Dec 3, 2013 - Dec 6, 2013

Issue Type: Book Built Issue FPO

Issue Size: 787,053,309 Equity Shares of Rs 10 accumulating up to Rs 6,958.64 Cr

Face Value: Rs 10 Per Equity Share

Issue Price: Rs 85 - Rs 90 Per Equity Share

Market Lot: 150 Shares

Minimum Order Quantity: 150 Shares

Listing At: BSE, NSE

Prospectus of FPO issue of Power Grid Corporation of India Limited (PGCIL)