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Open
10 Sep 2007
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Close
13 Sep 2007
3
Allotment
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Listing
Fri, Oct 5, 2007
Price Band
₹44 to ₹52
Issue Size
57,39,32,895 shares (agg. up to ₹2,984 Cr)
Lot Size
125 Shares
Listing Date
Fri, Oct 5, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 64.51x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the capital requirements for the implementation of certain identified transmission projects and | 1,966.26 |
| 2 | Total Issue Expenses | 34.57 |
| Total | 2,000.83 |
About PGCIL IPO
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.As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.PGCIL have been designated a Mini-Ratna Ca
Contact Details
Power Grid Corp.of India Ltd. AddressB-9, Qutab Institutional AreaKatwaria SaraiNew Delhi, New Delhi, 110016+91 (11) 2656 0112investors@powergridindia.comVisit Website