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Wednesday, Feb 07, 2007
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Bharat Matrimony
Mumbai Feb. 6 The initial public offering of Power Finance Corporation was oversubscribed 72.26 times on the BSE and NSE at 7:00 p.m. Bids were received across the price band of Rs 73-Rs 85.

8,47,70,58,640 bids were received against the issue size of 11,73,16,700 shares and 27,36,91,200 bids were made at the cut off price.

Enam Financial Consultants Pvt Ltd, ICICI Securities Ltd and Kotak Mahindra Capital Company Ltd are the book running lead managers to the issue.

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