Saturday, November 13, 2010

Power Grid Corp FPO subscribed 14.88 times

Power grid FPO found good response from all segments QIB,HNI, Retail and Employee. Retail was suubscribed 3.85 times.
 For an 1Lac applicant around 300 shares would allocated. And one could expect around 15% return, @ CMP(Rs 100) so one could
expect around 4000 - 6000 profit on listing. Good Gains.

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