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Ntpc fpo News
Prithvi Haldea: Cold response to hot cakes What an opportunity missed; what a bad beginning of the Grand Divestment Programme! It hurts that the government got such a poor response for one of its best enterprises, National Thermal Power Corporation (NTPC). An issue that should have sold like hot cakes has come a cropper; and even the one-time subscription, most of it, has been stage-managed with domestic government institutions, such as LIC
NTPC FPO subscribed 99%
State-run NTPC's follow-on public offer (FPO), the first public issue this year by United Progressive Alliance (UPA) government, has been subscribed 99 per cent so far. The issue, through which the
Institutional investors may save the day for NTPC FPO
Institutional investors such as insurance companies, mutual funds and foreign institutional investors may help the Rs 8,300-crore follow-on public offer (FPO) of utility major NTPC sail through. The
NTPC FPO priced at Rs 201/share
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