Power Finance Corporation Limited, the state-run Navratna Financial Institution, is coming up with a Follow-on Public Offer (FPO), which opens for subscription from today
PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been conferred with the status of Nav-Ratna PSU by Govt. of India on 22nd June, 2007
Power Finance Corporation FPO Price Band has been fixed at Rs.193/- to Rs.203/- per equity share. The shares of Power Finance Corporation Limited are currently listed on both the exchanges. Stay tuned to Indian IPO Blog for the latest updates on the FPO!
PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been conferred with the status of Nav-Ratna PSU by Govt. of India on 22nd June, 2007
Power Finance Corporation FPO Price Band has been fixed at Rs.193/- to Rs.203/- per equity share. The shares of Power Finance Corporation Limited are currently listed on both the exchanges. Stay tuned to Indian IPO Blog for the latest updates on the FPO!
