Dated: 02.09.2007
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Information
»» Public Issue Open : September 10, 2007 to September 13, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
»» Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
»» Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
»» Market Lot: 20 Shares
»» Minimum Order Quantity: 20 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE
Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Information
»» Public Issue Open : September 10, 2007 to September 13, 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
»» Public Issue Size: 573,932,895 Equity Shares of Rs.10/- each
»» Public Issue Price: Rs. 44/- to Rs. 52/- Per Equity Share
»» Market Lot: 20 Shares
»» Minimum Order Quantity: 20 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE