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The Disinvestment of Power Finance Corporation(PFC)

Dated:- 28-7-2015 - The second CPSE disinvestment for the fiscal year 2015-16 was successfully completed today with the Power Finance Corporation (PFC) OFS getting fully subscribed.On offer was 5% paid up capital of the company comprising 6,60,02,035 .....

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offered to retail investors. With this disinvestment, the GOI shares in PFC will come down to 67.80%.At the end of the day with total subscription of ₹ 3747 crores the issue stood oversubscribed by 233%.The highlight of the issue has been the r .....

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