IPO Update - Power Grid Allotment Status

Power Grid IPO Allotment has been done. Congratulations to all those who have got the allotment sione the stock is bound to list at a huge premium to the offer price.

Investors who have applied for the IPO can check the allotment status here >>>

Check Allotment Status

The issue was oversubscribed a whooping 65 times creating a history in the IPO market. QIB section got oversubscribed by 115 times. Retail portion got oversubscribed by 7 times.

As per unconfirmed sources, the IPO grey market is putting a premium of Rs. 25 on the offer price of Rs. 52. We will discuss the listing strategy in detail once the listing date is finalised.

9 comments:

Anonymous said...: Dear Sir,

When is Power Grid listing ? I have got 134 shares alloted....I have heard that the grey market premium has crossed 40 Rs...is it true...Please guide since I am new to the stock markets.

thanks,
Pakash; September 30, 2007
Anonymous said...: GET READY FOR A LISTING OF 100++ EXCELLENT LONG TERM PROSPECTS; September 30, 2007
KB said...: when it is listing....; October 03, 2007
Rajesh Soni said...: Hi Kunal saab,

Kya haal hai ?...look busy...how is Kay factor doing !

Power Grid is listing on Friday, 5th October; October 03, 2007
KB said...: Hi Soni Saab,

Kaha ho ji...

I have abt 130 shares, kaya karna hai...; October 04, 2007
Anonymous said...: Dear Rajesh,

Your blog is certainly the best blog on stock markets. Thanks for the good work and keep it up. How do you see the listing for Koutons and CCIL ? Will it list like power grid ?

M.Kumar; October 06, 2007
Anonymous said...: Hi raj....please give some investment ideas....we have been waiting for long since the last one on reliane Industries and Yes bank.

thanks
mohit; October 07, 2007
Anonymous said...: boss......where is the market heading towards? will it touch 20K ?; October 10, 2007
Anonymous said...: Hi rajesh

What is the likely listing for CCCL ?

Thanks
Prakash; October 13, 2007