India Grid Trust Right Issue Details.

India Grid Trust Right Issue Details, key dates, financials, documents, Registrar detail, lead managers details and your Frequently Asked Questions.

Overview

India Grid Trust Right issue

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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.

India Grid Trust logo

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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