Power Finance Corp (PFC) follow-on-public offer (FPO)

Power Finance Corp (PFC) follow-on-public offer (FPO) opens today May 10 2011 (Tuesday). FPO closes on May 12 2011 for QIB bidders and May 13 2011 for all other bidders


Price Band: Rs. 193 - to Rs. 203 per equity share of face value Rs. 10.


PFC plans to raise around Rs 4,700 crore. PFC FPO has fresh issue of 172,165,005 equity shares and sale of 57,388,335 equity shares by the government which has around 89% share in PFC


Tags: Power Finance Corporation FPO 2011 - PFC Rs. 193 - to Rs. 203 Price Band - May 10 - 13 Open - PFC Follow on Public Offer