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Power Grid Corporation Of India Limited IPO

Power Grid Corporation Of India Limited was a mainboard IPO, offered at ₹47.81–₹50.63 per share to raise ₹7,083 crore. It listed on 19 Dec 2013 at ₹55 and closed its first day at ₹56, a listing gain of +10.3% versus the ₹50.63 issue price. It now trades around ₹265 (+423.4% versus the issue price).

Frequently asked questions

What were the Power Grid Corporation Of India Limited IPO listing gains?
Power Grid Corporation Of India Limited listed on 19 Dec 2013 at ₹55, closing its first day at ₹56 — a listing gain of +10.3% versus the ₹50.63 issue price.
What was the price band and lot size of the Power Grid Corporation Of India Limited IPO?
The price band was ₹47.81–₹50.63 per share.