Exchanges
BSE, NSE
Issue
Book building

Power Grid Corp.of India IPO

₹100.60

+93.46% on listing

Listing-day close · NSE · 5 Oct 2007 · issue price ₹52

Power Grid Corp.of India’s ₹2,984 crore IPO was priced at ₹52 a share. It listed on the NSE on 5 Oct 2007 and closed its first day at ₹100.60, up 93.46% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹2,984 Cr
Fresh issue
₹1,990 Cr
Offer for sale
₹995 Cr
Lot size
125 shares
Minimum investment
₹6,500
Face value
₹10
Registrar
Kfin Technologies

Subscription

Power Grid Corp.of India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—64.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹21,886 Cr
Promoter holding
100.00% → 86.36%

From the offer documents.

Listing

Listing date
5 Oct 2007
Issue price
₹52
Open
₹89.80
High
₹109.50
Low
₹83.15
Close
₹100.60

Listing day on the NSE. The close was +93.46% on the issue price.

POWERGRID share price today

FAQs

When did the Power Grid Corp.of India IPO open and close?

It opened on 10 Sep 2007 and closed on 13 Sep 2007.

What was the Power Grid Corp.of India IPO price?

The price band was ₹44–52 a share. The final issue price was ₹52.

What is the lot size and minimum investment?

One lot is 125 shares, ₹6,500 at ₹52 a share. Retail investors apply in whole lots.

How much did Power Grid Corp.of India raise?

₹2,984 crore: ₹1,990 crore of new shares and ₹995 crore offered by existing shareholders.

How many times was the Power Grid Corp.of India IPO subscribed?

64.51 times overall.

How did Power Grid Corp.of India list?

It listed on the NSE on 5 Oct 2007 at ₹89.80 and closed the day at ₹100.60, up 93.46% on the ₹52 issue price.

Who is the registrar of the Power Grid Corp.of India 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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