FPO Details - Power Grid Corporation of India Limited

[PolicyWala]

Issue Size: 841,768,246 Equity Shares
Issue Price: Rs. 85 - Rs. 90 Per Equity Share

Current Price is down

Change(Rs): -3.35 (-3.28%)

[ag35]

Do you feel it's good to invest in the Power Grid's FPO, after today's fall?

[PolicyWala]

Do you feel it's good to invest in the Power Grid's FPO, after today's fall?

If you buy the FPO at Rs 90, which is the upper band, you will earn 10% and if you invest at Rs. 85, which is lower band, you will earn around 15% at current market price in 15-20 days. It's says all.

[Expert]

Does the maximum limit is Rs.100,000/- for retail investors in FPO?

[Expert]

Various brokers are giving target of Rs.115/-. Should I go and invest in FPO? Your views!

[CONFUSED]

Does the maximum limit is Rs.100,000/- for retail investors in FPO?

You can apply uptp Rs. 200,000/- retail limit.

Various brokers are giving target of Rs.115/-. Should I go and invest in FPO? Your views!

Definitely apply for Power Grid FPO, but as a medium term investment of 3-5 months.
One can expect a good 15%-20% gain in that period.

[Master]

Capital Market Website has given it a rating of 51, which is equal to Coal India rating. A must apply for everyone.

[Matrix]

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[ag35]

You can apply upto Rs. 200,000/- retail limit.

Are you sure? The Rs. 2,00,000/- limit is for IPOs.

[Master]

You can apply uptp Rs. 200,000/- retail limit.

Definitely apply for Power Grid FPO, but as a medium term investment of 3-5 months.
One can expect a good 15%-20% gain in that period.

The Rs. 200,000/- limit is applicable from 15th Nov'2010 after SEBI notification.