Exchanges
BSE, NSE
Issue
Book building

Power Finance Corp. IPO

₹111.65

+31.35% on listing

Listing-day close · NSE · 23 Feb 2007 · issue price ₹85

Power Finance Corp.’s ₹997 crore IPO was priced at ₹85 a share. It listed on the NSE on 23 Feb 2007 and closed its first day at ₹111.65, up 31.35% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹997 Cr
Fresh issue
₹997 Cr
Offer for sale
—
Lot size
80 shares
Minimum investment
₹6,800
Face value
₹10
Registrar
Kfin Technologies

Subscription

Power Finance Corp. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—77.16×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹9,756 Cr
Promoter holding
100.00% → 89.78%

From the offer documents.

Listing

Listing date
23 Feb 2007
Issue price
₹85
Open
₹113.00
High
₹119.40
Low
₹105.55
Close
₹111.65

Listing day on the NSE. The close was +31.35% on the issue price.

PFC share price today

FAQs

When did the Power Finance Corp. IPO open and close?

It opened on 31 Jan 2007 and closed on 6 Feb 2007.

What was the Power Finance Corp. IPO price?

The price band was ₹73–85 a share. The final issue price was ₹85.

What is the lot size and minimum investment?

One lot is 80 shares, ₹6,800 at ₹85 a share. Retail investors apply in whole lots.

How much did Power Finance Corp. raise?

₹997 crore: ₹997 crore of new shares.

How many times was the Power Finance Corp. IPO subscribed?

77.16 times overall.

How did Power Finance Corp. list?

It listed on the NSE on 23 Feb 2007 at ₹113.00 and closed the day at ₹111.65, up 31.35% on the ₹85 issue price.

Who is the registrar of the Power Finance Corp. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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