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Power Grid IPO open for subscription

Date September 10, 2007

The Power Grid IPO is now open for subscription. The Power Grid IPO will remain open for subscription till Sept 13, 2007. The lot size for the Power Grid IPO is 125 shares. The floor price for Power Grid IPO is Rs. 44 and the cap price is Rs. 52 per share of face value Rs. 10 each. The grey market premium of Power Grid IPO is presently at around Rs. 15. This indicates the possibility of good returns for investors applying in the Power Grid IPO.

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