FPO

NTPC follow-on offer subscribed 77% on Day One

The country`s largest power firm NTPC`s follow-on public offer got subscribed 77% today --the first day of the issue, with most of the bids coming at Rs 209 a share.

NTPC fixes FPO base price at Rs 201 a share

The country`s largest power producer, NTPC, today said it has fixed the base price at Rs 201 a share for its follow-on-public offer, which opens on Wednesday

NMDC files for FPO; likely to raise Rs 20,000 crore

The state-run mining giant NMDC on Monday filed the draft prospectus with the market regulator Sebi for its follow-on public offer, through which the Government expects to mop up Rs 20,000 crore.

NMDC Q3 net dips 40% to Rs 860 cr; declares 75% dividend

State-run mining giant NMDC`s net profit has declined by 40 per cent to Rs 860 crore in the third quarter ended December 31, 2009.

Large investors show interest in NTPC FPO

NTPC has said that the world`s leading financial investors, including US-based Janus Capital and Capital Group, have shown interest in subscribing to its shares to be issued through the Follow-on Public Offer route.

NTPC first among 4 PSUs lined up for FPOs this fiscal

Starting with power producer NTPC`s FPO by early next month, four public offers of state-run companies are likely to hit the markets this fiscal which will fetch the government around Rs 30,000 crore.

IDBI Bank plans to come with FPO in January

IDBI Bank on Friday said it plans to come out with a follow-on public offer in January next year.

Govt clears REC divestment; FPO likely this fiscal

The government on Thursday cleared 20
per cent follow-on offer of Rural Electrification Corporation
that is expected to fetch about Rs 3,300 crore at the ruling
market prices.

UCO Bank to raise Rs 900-950 cr from FPO

UCO Bank is likely to raise Rs 900-950 crore from follow-on-public offer after a strong rally in the stock market.

Rural Electrification Corporation board approves FPO

The board of directors of the Rural Electrification Corporation today approved the proposed follow-on public offer (FPO) of the state-run company.

FPO of either NTPC or REC likely in 2-months: Official

The Follow-on Public Offers of either NTPC or Rural Electrification Corporation, are likely to be launched in the next couple of months,
a senior government official said.

NTPC, REC to come up with FPO by fiscal-end

The government on Wednesday said state-run power utilities NTPC and REC will come up with Follow-on Public Offer by the end of this fiscal.

Petronet LNG likely to launch FPO or rights issue in 2011-12

The country`s largest Liquefied Natural Gas importer, Petronet LNG Ltd, may come out with a USD 100 million follow-up public offer or a rights issue in 2011-12 to part fund a 1,200-MW power plant, to be set up at Dahej in Gujarat.