India Grid Trust Right Issue Details.
Overview
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India Grid is a India’s first listed power sector infrastructure investment trust, sponsored by the KKR Sponsor and the Sterlite Sponsor. IndiGrid was established on October 21, 2016 and is registered with SEBI pursuant to the InvIT Regulations.
Objective of India Grid Trust Right Issue
- Acquisition of 26% of the issued, subscribed and paid up Equity share capital of NER II Transmission Limited.
- Partial repayments of the outstanding external debt of Odisha Generation Phase II Transmission Limited and debt proposed to be availed by India Grid Trust.
- General Proposes.
Details of Right Issue
| Script Name | INDIGRID |
|---|---|
| Issue Size | ₹1283.65 Cr. |
| Issue Price | ₹110 per share |
| Face Value | ₹99.27 |
| Market Lot | 1701 Shares |
| No of Shares | 11.67 Cr |
| Listing at | NSE,BSE |
Terms of Payment
The full amount of Rs.110 per unit shall be payable on Application.
Entitlement
1 Lot for every 5 Lots held by the Eligible unit holders on record date. (30 Mar 2021)
Key Dates
| Bid open on | 6 Apr 2021 |
|---|---|
| Bid close on | 13 Apr 2021 |
| Record Date | 30 Mar 2021 |
| Allotment | 20 Apr 2021 |
| Renunciation of Right issue |
8 Apr 2021 |
Company Financials
| Quarter | FY-2020 | FY-2019 | FY-2018 | FY-2016 |
|---|---|---|---|---|
| Total Revenue | 1278.59 Cr | 673.91 Cr | 460.50 Cr | 358.58 Cr |
| PBT | 499.98 Cr | 154.56 Cr | 203.57 Cr | (108.62) Cr |
| Net Profit | 505.71 Cr | 153.92 Cr | 210.35 Cr | (78.03) Cr |
Documents of Right Issue
Here, we have links of Documents for India Grid Trust Right Issue.
- Letter of offer
Company Contact Details
| India Grid Trust |
|---|
| Unit No. 101, First Floor, Windsor, Village KoleKalyan, Off CST Road, Vidyanagari Marg, Kalina, Santacruz East, Mumbai 400 098 Tel No.: +91 72084 93885 Website: www.indigrid.co.in Email: [email protected] |
Registrar of Right Issue
| KFin Technologies Private Limited |
|---|
| Plot No- 31 and 32, Financial District,
Nanakramguda, Serilingampally, Rangareddi Hyderabad 500 032 Telangana, India Tel No.: +91 40 6716 2222 Website: www.kfintech.com Email: [email protected] |
Lead Manager of Right Issue
| Axis Capital Limited |
|---|
| 1st Floor, Axis House
C 2 Wadia International Centre Pandurang Budhkar Marg, Worli Mumbai - 400 025 Tel No.: +91 22 4325 2183 Website: www.axiscapital.co.in Email: [email protected] |
Frequently Asked Questions
Q.1 When is India Grid Trust Right issue come?
A.1 India Grid Trust Right issue opens on 6 Apr 2021.
Q.2 what is the issue price of India Grid Trust Right issue?
A.2 Issue price of India Grid Trust Right issue is ₹110 per share.
Q.3 what is the issue size of India Grid Trust Right issue?
A.3 ₹1283.65 Cr. Is the issue size of India Grid Trust Right issue.
Q.4 What is the Record Date for India Grid Trust Right issue.
A.4 30 Mar 2021 is the Record date for India Grid Trust Right issue.
Conclusion
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