| Description | IPO Details |
|---|---|
| Name of company | PTC India Financial Services Ltd (PFS) |
| Business sector | Banking - Finance |
| NSE symbol | PTFS |
| BSE code | NA |
| Issue size | 156,700,000 equity shares(Rs. 407 to Rs. 438 crores) |
| Issue period | Open: 16-March-2010, Close: 18-Mar-2011 |
| Price band / Price range | Rs. 26 - Rs. 28 |
| Face value | Rs. 10 |
| Minimum bid | 250 shares |
| Maximum bid | 7500 to 7000 shares |
| Minimum investment amount | Rs. 6500. 00 |
| Maximum subscription amount | Rs. 200000 |
| Market lot size | 250 equity shares |
| Market capital at issue price | 146142-157383 lakhs |
| Market timing | 10 a.m. to 5 p.m. |
| IPO Grade | CARE Grade 4, ICRA Grade 4,CRISIL Grade 3 |
| Rating agency | CARE, CRISIL and ICRA |
| Registrar | Karvy computershare pvt Ltd |
| Lead managers | SBI capital markets and JM financial consultants |
| Company address | 2nd Floor, NBCC Tower, #15, Bhikaji Cama Place, New Delhi |
| Website of company | ptcfinancial dot com |
| Qualified institutional buyers (QIB) | 2.85 times |
| Non institutional investors (NII) | 0.22 times |
| Retail individual investors (RII) | 1.18 times |
| Total bids received at cut-off price | 52303250 |
| Total No.(Number) of times subscribed | 0.02 times(end of first day), 0.08 times(end of second day), 1.70 times(final) |
| NSE IPO live status | NSE IPO subscription live |
| BSE IPO live status | BSE IPO subscription live |
| NSE and BSE combined subscription status | NSE and BSE IPO live |
| Issue price / Floor price | NA |
| Allotment status | NA |
| Expected Listing date | April first week |
| Expected Listing price | Rs. 25 to 30 |
| Listing exchanges | National Stock Exchange(NSE) and Bombay Stock Exchange(BSE) |
| DRHP (Draft Red Herring Prospectus) | DRHP download PDF file |
| Post-issue | 5,620 lakhs shares |
PFS IPO online subscription platforms: Investors can subscribe through online trading account of ICICI Direct, Indiabulls, Reliance Money, IDBI Paisa Builder, SBI securities, HDFC Securities, Sharekhan, Religare, Geojit, Networth, Angel broking, HSBC Invest Direct, Kotak securities, India Infoline, Motilal Oswal, Karvy broking services and all SEBI(Securities Exchange Board of India) admitted brokers.
PFS IPO Outlook and Technical : Power financing is one of the fast growing sector. But PFS is subscribed as favour as expected. so one can consider to sell on listing day. Technically facing very high competition when comparison to peers. Not recommended to buy or invest in PTC India financial services. Avoid to buy, consider to invest if down in secondary market.
Expected listing price and date: Rs. 25 to Rs. 30 is expecting price.View the above table of contents to everything of initial public offer.
Check time to time for newer updates on PTC India Financial Services initial public offer.