The Power Grid IPO Allotment Status is out and allotment details have been sent by email to investors who registered with the registrar of the Power Grid IPO. Retail investors have got a decent allotment in the Power Grid IPO since the retail investors category has been heavily subscribed. Good luck to those who have got allotment in the Power Grid IPO. The tentative Power Grid IPO Listing Date is October 04, 2007. The Listing of Power Grid IPO will be both on the NSE and BSE. Based on the grey market premium of Power Grid IPO the listing price of Power Grid Corporation is expected to be in the Rs. 80-90 range.
I think investor should hold this stock for long term and buy more