Issue Highlights

OFS Date for Non-Retail Thursday, April 06, 2017 OFS Date for Retail Friday, April 07, 2017 OFS Bidding Time 09:15 am to 3:30 pm. Face Value Rs. 1/- Floor Price Rs.41/- Lot Size 1 equity share Total Issue Size 32,63,16,563 equity shares

Business Overview

A 9-decade long legacy of responsive distribution and the sustainability of renewable development have been integrated to unlock a super power, a super power that sets the benchmark for efficiency in power supply and was the youthfulness and sustainability of renewable energy development.

India Power Corporation Ltd. (IPCL), formerly known as DPSC Limited, incorporated in 1919, is set to become India's leading power generation and utility company. The company has actively forayed into a diversified portfolio, with renewable and conventional modes of power generation, distribution & power trading.

The Company also owns and operates a distribution license under DPSC Ltd. (now known as India Power) the oldest licensee in the region, spread over 618 sq.km. in the coal-rich Asansol-Raniganj belt.

Read OFS FAQs »

As per the recent SEBI circular, Retail investors can bid on T+1 day and Non-Retail can bid on T day (T being the day of the OFS).

Basis of Allotment

The Allotment process is on price priority basis, the customer who places the bid at the highest price either the final Cut off or at the price decided by you will get the first preference for allotment. Bids can be placed in two ways: Cut Off Price : Cut-Off price means the lowest price at which the Offer shares are sold and determined on the basis of all valid bids received in the non-retail category on T day. Enter the price decided by you