Subject: IPO Bidding - Power Grid Corporation FPO

Hello Friend,



Power Grid Corporation FPO subscribed 1.08 times on its day 1. Power Grid FPO opens today on Nov 09, 2010 and will close on Nov 12, 2010 for subscription. Power Grid has received bids for 90,53,97,675 shares as against issue size of 84,17,68,246 shares.



Oversubscription detail for Day 1



Qualified Institutional Buyers (QIBs): 2.09 Times



Non Institutional Investors: 0.09 Times



Retail Individual Investors (RIIs): 0.06 Times



Employee: 0.02 Times



Total: 1.08 Times



Click on the below link for detail info about Power Grid Corporation FPO



http://www.chittorgarh.com/ipo/ipo_detail.asp?a=279



Good Luck

Chittorgarh.com Team