IPO Issue Details
Issue Price / Price Band₹28 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size250 Shares per Lot
Total Issue Size15,67,00,000 shares (aggregating up to ₹433.48 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 16 Mar 2011
Subscription CloseFri, 18 Mar 2011
Anchor AllotmentTue, 15 Mar 2011
Basis of AllotmentThu, 24 Mar 2011
Initiation of RefundsFri, 25 Mar 2011
Credit of Shares to DematFri, 25 Mar 2011
Listing DateWed, 30 Mar 2011
UPI Mandate Deadline2011-03-18
Application & Investment Details
Retail — Min (1 Lots)₹7,000 — 250 shares
Retail — Max (13 Lots)₹91,000 (13 Lots)
HNI — Min (29 Lots)₹2,03,000 — 7,250 shares
Pre-IPO Promoter Holding43,45,83,335 shares
Post-IPO Promoter Holding56,20,83,335 shares
Fresh Issue Shares12,75,00,000 shares (aggregating up to ₹352.70 Cr)
Offer for Sale Shares2,92,00,000 shares of ₹10 (aggregating up to ₹80.78 Cr)
About PTC India Financial Services Ltd.
Incorporated in 2006, PTC India Financial Services Ltd (PFS) is an Indian non-banking financial institution, a subsidiary of and promoted by PTC India Limited ("PTC"). They are financial institutions in India that provide both equity and debt financing, including short-term and long-term debt, as well as structured debt financing. They are currently focusing on power generation projects in India. Thet also provide fee based syndication and advisory services as well as carbon credit financing against certified emissions reduction (CER) exclusively to the power sector.As a promoter, PTC holds 77.60% of the equity whereas the remaining 22.40% is shared equally by Goldman Sachs Strategic Investments Limited, Mauritius and Macquarie Group Limited, Australia. PTC is a GoI initiated public-private partnership promoted by National Thermal Power Corporation ("NTPC"), Power Grid Corporation of India Limited ("Power Grid"), Power Finance Corporation Limited ("PFC") and NHPC Limited ("NHPC").
Objects of the Issue
PTC India Financial Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Augment the capital base to meet the future capital requirements arising out of growth in the business.
2
2 To achieve the benefits of listing on the Stock Exchanges.
Shareholding & Lock-in
Pre-IPO Promoter Holding
43,45,83,335 shares
Post-IPO Promoter Holding
56,20,83,335 shares