Business Standard

PTC India Financial Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

433.28 cr

Price Range (₹)

28

Lot Size

250

Min Investment (₹)

7,000.00

Listing Exchange

MumbaiNSE

Open Date

16-Mar-2011

Close Date

18-Mar-2011

Listing Date

30-Mar-2011

PTC India Financial Services Ltd News

    The Shares of PTC India Financial Services Ltd have now been listed.

    PTC India Financial Services Ltd IPO Details

    Public issue of 156,700,000 equity shares of face value of Rs. 10 each (Equity Shares) of PTC India Financial Services Limited (The Company or The Issuer) for cash at a price of Rs. 28~ per equity share (including a share premium of Rs. 18 per equity share aggregating Rs. 433.28 crores (The Issue) consisting of a fresh issue of 127,500,000 equity shares by the company (Fresh Issue) and an offer for sale of 29,200,000 equity shares by Macquarie India Holdings Limited (The Selling Shareholders)(Offer for Sale). The issue will constitute 27.88% of the post issue paid-up capital of the company.Issue price: Rs. 28 per equity share~ of face value of Rs. 10 each.The issue price is 2.8 times of the face value.~Discount of Re. 1 to the Issue Price was offered to Retail Individual Bidders(Retail Discount).

    Objective of issue

    Augment the capital base to meet future cap. req..

    PTC India Financial Services Ltd Contact Details

    PTC India Financial Services Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - info@ptcfinancial.com

    Website - www.ptcfinancial.com