IPO

Power Finance Corporation Ltd IPO

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Further public issue of 229,553,340 equity shares of face value of Rs. 10 each (Equity Shares) of Power Finance Corporation Limited (Power Finance, The Company or The Issuer) for cash at a price of Rs. 203 per equity share (including a share premium of Rs. 193 per equity share) aggregating Rs. 4578.20 crores (The Issue). The issue comprises a fresh issue of 172,165,005 equity shares by the company (The Fresh Issue) and an offer for sale of 57,388,335 equity shares by The President of India acting through the Ministry of Power, Government of India (The Selling Shareholders)(The Offer for Sale). The issue comprises a net issue to the public of 229,277,876 equity shares (TheNet Issue) and a reservation of not more than 275,464 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue would constitute 17.39% of the post issue paid-up equity capital of the company and the net issue would constitute 17.37% of the post issue paid-up equity capital of the company. Issue price: Rs. 203 per equity share of face value of Rs. 10 each The issue price is 20.30 times of the face value.

Power Finance Corporation Ltd IPO Subscription Details

Company

Power Finance Corporation Ltd

Issue Type

(Book Built Portion)

Open Date

10 May

Close Date

13 May

Offer Price

203.00

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  • Enter the number of lots and price at which you wish to apply for
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  • Approve the block request

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Contact Details of Power Finance Corporation Ltd IPO

Company Contact Information

Power Finance Corporation Ltd IPO
Urjanidhi No 1 Barakhamba Lane,
Connaught Place,
New Delhi, New Delhi 110001.

Phone: 91-11-23456000
Email: investorsgrievance@pfcindia.com

Power Finance Corporation Ltd IPO Register

Karvy Computershare Pvt Ltd

Power Finance Corporation Ltd IPO Lead Manager(s)

  • DSP Merrill Lynch Ltd
  • Enam Financial Consultants Pvt Ltd
  • Goldman Sachs (India) Securities Pvt Ltd
  • ICICI Securities Ltd
  • JM Financial Consultants Pvt Ltd
  • Kotak Mahindra Capital Company Ltd

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