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Open
1 Mar 2004
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Close
8 Mar 2004
3
Allotment
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Listing
Wed, Apr 7, 2004
Price Band
₹14 to ₹16
Issue Size
5,84,99,990 shares (agg. up to ₹94 Cr)
Listing Date
Wed, Apr 7, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 42.40x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Assets | 20.36 | 21.18 | 19.83 |
| Total Income | 1,742.55 | 926.94 | 366.40 |
| Profit After Tax | 23.16 | 12.49 | 7.35 |
| NET Worth | 124.78 | 80.08 | 23.19 |
| Reserves and Surplus | 33.57 | 8.02 | 0.71 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Utilise net proceeds of this Issue to build a long-term capital base to be able to meet the capital requirements | |
| Total | 0.00 |
About Power Trading Corp.of India IPO
Incorporated in 1999, Power Trading Corporation of India Limited (PTC India) is a power trading company engaged in the purchase and sale of electricity in India and neighboring countries. The company was established to facilitate the development of mega power projects and act as an intermediary between power generators and state electricity utilities. PTC India trades power sourced from state power utilities, generating companies, independent power producers, and captive power plants, and supplies electricity to state utilities, licensees, and bulk consumers. The company operates through long-term, medium-term, and short-term power trading arrangements. The company also benefits from demand-supply imbalances, cross-border power trading opportunities with neighboring countries such as Nepal, Bhutan, and Bangladesh, and the development of a competitive power market in India. PTC India plays a role in supporting the Indian power sector by facilitating electricity trading, improving market liquidity, and enabling power distribution across multiple regions.+ Read More
Contact Details
Power Trading Corp.of India Ltd. Address2nd FloorNBCC Towers15, Bhikaji Cama PlaceNew Delhi, New Delhi, 110066+91-11-51659500info@ptcindia.comVisit Website