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Personal Finance for Indian Investor => IPOs and Rights Issues => Topic started by: komal on December 16, 2013, 07:40:14 PM

Title: Power Grid - Basis of Allotment
Post by: komal on December 16, 2013, 07:40:14 PM

The Following Chart Shows the Basis of Allotment of Power Grid Corp of India - FPO - Basis of Allotment

(http://www.dalalstreet.biz/mag/wp-content/uploads/2013/12/powergird-basis.jpg)

Title: Re: Power Grid - Basis of Allotment
Post by: CA Anand Jain on December 16, 2013, 09:41:02 PM

What is the source of this information ?

Title: Re: Power Grid - Basis of Allotment
Post by: komal on December 18, 2013, 09:27:06 AM

The Source of Information is Power Grid Corporation Ltd's Company Secretary. The Shares as mentioned above in the table must be credited to your account.

Title: Re: Power Grid - Basis of Allotment
Post by: resh on December 19, 2013, 09:23:55 AM

All retailers selling shares as we see the trades are happening in blocks of 150, 715, 1029, etc shares at a fixed price of Rs 98.50. Some Huge Accumulation I guess.