| Further public issue of 229,553,340 equity shares of face value of Rs. 10 each ("Equity Shares") of Power Finance Corporation Limited ("Power Finance", "The Company" or "The Issuer") for cash at a price of Rs. 203 per equity share (including a share premium of Rs. 193 per equity share) aggregating Rs. 4578.20 crores (The "Issue"). The issue comprises a fresh issue of 172,165,005 equity shares by the company (The "Fresh Issue") and an offer for sale of 57,388,335 equity shares by The President of India acting through the Ministry of Power, Government of India (The "Selling Shareholders")(The "Offer for Sale"). The issue comprises a net issue to the public of 229,277,876 equity shares (The"Net Issue") and a reservation of not more than 275,464 equity shares for subscription by eligible employees (The "Employee Reservation Portion"). The issue would constitute 17.39% of the post issue paid-up equity capital of the company and the net issue would constitute 17.37% of the post issue paid-up equity capital of the company.
Issue price: Rs. 203 per equity share of face value of Rs. 10 each
The issue price is 20.30 times of the face value.
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