Power Grid Corporation of India, the state-run power distribution company, is planning to come up with its Follow-on Public Offer (FPO), which may hit the markets by November 2010. The Company had earlier come up with an Initial Public Offer in September 2007 in a price band of Rs.44/- to Rs.52/- per equity share and the Issue Price was fixed at Rs.52/- per equity share
Power Grid Corp is a Navratna Public Sector Enterprise and one of the largest transmission utilities in the world. Stay tuned to Indian IPO Blog for more on Power Grid Corp FPO!
