karvy ipo allotment status, karvy computershare
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Karvy Computershare Private Limited, a joint venture between Computershare Australia and Karvy Consultants Limited India, is the registrar for Power Grid’s FPO.
You can check your Power Grid FPO allotment status for your application online at Karvy Computershare Private Limited official website – karisma.karvy.com.
Power Grid Corporation has fixed an issue price at Rs 90 a share which is at the higher end of price band of Rs 85-90. Retail investors and employees will be alloted Shares at a discount of 5% discount to issue price at Rs 85.50.
Retail investors can expect to get the shares of Power Grid credited to their demat accounts by the 24 November, 2010 and the refund orders will be credited to their bank accounts through electronic transfer on the 25 November, 2010. Inverters expect that the FPO shares will be trades on the BSE and NSE from 23 November, 2010 onwards.
The Power Grid FPO allotment status for your application can be checked online at http://karisma.karvy.com/karisma/jsp/quickLinks.htm OR http://203.199.177.158/ipo/
Karvy IPO Allotment Status Website: http://karisma.karvy.com