Power Grid IPO has set a new record in the Indian Capital Market Today. Here is the final tally as received by Fax just minutes ago,
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 279977448 | 32450251125 | 115.9031 |
2 | Non Institutional Investors | 83993234 | 3388392500 | 40.3413 |
3 | Retail Individual Investors (RIIs) | 195984213 | 1326381375 | 6.7678 |
All Retail applications for 1875 shares @ Rs 52 each will be allotted 288 shares. Congratulations!!! The Grey Market Premium has moved up to Rs 12 today. We suggest Investors to HOLD for Long Term.
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