25 July 2015

POWER FINANCE Corp OFS- Floor price Rs 254.00; 5% discount to Retail - July 27,2015 (Monday)

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POWER FINANCE CORPORATION LTD
Security TypeOFS
SymbolPFC
Offer Date27 Jul 2015
StartTime09:15
EndTime15:30
Offer Size for Retail Investors1,32,00,407
A minimum of 20 % of the size of the Offer shall be reserved for Retail Investors
Offer Size for Non Retail Investors5,28,01,628
Face Value10.00
Floor Price254.00
The Seller shall declare the Floor price for the offer on July 25,2015 latest by 5.00 pm IST to the Stock Exchanges and the Stock Exchanges shall inform the market immediately
Lot Size1
Tick Price0.05
ISIN NoINE134E01011
Minimum Bid Quantity1
Maximum Bid Quantity6,60,02,035
Allocation MethodologyPrice Priority
Discount to Retail Investors (if any)5
Retail Investors will be allocated Offer Shares at a discount of 5 % to the cut off price in accordance with the SEBI OFS Circulars
LTP259.55
Seller Members DetailsClick Here
Selling Member1) Axis Capital Limited 2) SBI Cap Securities Ltd
Exchange Notices1) Opening of Offer for Sale for Power Finance Corporation Limited
2) Mock Session for Offer for Sale (OFS) of POWER FINANCE CORPORATION LIMITED on Saturday, July, 25th 2015
3) Declaration of Floor Price of Offer for Sale of POWER FINANCE CORPORATION LIMITED
4) Opening of Offer for Sale for Power Finance Corporation Limited – Activities Schedule

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