Power Grid FPO at 85-90; Rs 4 to 6 GMP; grey market premium IPO; Nov 8, 2010

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As we had been mentioning in the blog for last 1 week- Power grid Follow on Offering came at our suggested price of Rs 85 to Rs 90. 

Company Name	Offer Price	Premium
	(Rs.)	(Rs.)
Gravita India	120 to 125	52 to 54
Power Grid FPO	85 to 90	4 to 6