PowerGrid Invit (Infrastructure Investment Trust) Ipo Details.

Powergrid Corporation of India is launching InvIT (Infrastructure Investment Trust) IPO, the first-ever by a state-owned firm.

Powergrid Corporation of India is launching InvIT (Infrastructure Investment Trust) IPO, the first-ever by a state-owned firm.

The Rs. 7000 crores public offer comprises fresh issuance of units aggregating up to Rs. 5000 crores and offer for sale of units worth Rs. 2000 crores.

PowerGrid  InvIT (Infrastructure Investment Trust) IPO

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Ipo Overview

PowerGrid  InvIT (Infrastructure Investment Trust) IPO logo

Powergrid InvIT (Infrastructure Investment Trust) owns, construct, operate, maintain and invest in power transmission assets in India. Powergrid InvIT registered with SEBI as an InvIT on January 7, 2021.

Powergrid InvIT has been given a credit rating of Provisional [ICRA] AAA (Stable), CARE AAA (Is); Stable and Provisional CCR AAA/Stable by ICRA Limited, CARE Ratings Limited, and CRISIL Ratings Limited, respectively.

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Ipo Details

Issue Type Book Built Issue InvIT
Issue Price ₹99 to ₹100 per share
Issue Size ₹7734.99 Cr
Face Value ₹0 per share
Market Lot 1100 Shares
Listing On NSE/BSE


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Key Dates of Ipo

Ipo Open On 29 Apr 2021
Ipo Closes On 3 May 2021
Allotment Date 10 May 2021
Refund Date 11 May 2021
Credit To Demat 11 May 2021
Listing Date 17 May 2021


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Lot Size

Application Lot Shares Amount
Min 1 Lot 1100 shares ₹1,10,000
Max 0 Lot 0 shares ₹0

Promoter Holding

Pre Issue 78%
Post Issue 0%


Ipo Documents

Download DRHP


Research Reports

Credit Rating Agencies on PowerGrid InvIT IPO

  • Crisil Rating Ltd : AAA
  • ICRA Limited: AAA
  • CARE: AAA

You Can Download Some Research Reports of PowerGrid InvIT IPO

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Company Contact Detail

POWERGRID Infrastructure Investment Trust
Plot No. 2, Sector 29, Gurgaon 122 001

Tel No.: +91 22 4356 8008
Website: http://www.pginvit.in/
Email: [email protected]


Registrar Detail

Kfin Technologies Private Limited
Selenium, Tower B, Plot No. - 31 and 32 Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India

Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

Lead Manager of Ipo

Lead Manager of IPO
  • ICICI Securities Ltd
  • Axis Capital Ltd
  • Edelweiss Financial Services Ltd
  • HSBC Securities and Capital Market Pvt Ltd

Frequently Asked Questions

Q.1 what is the issue price of PowerGrid Invit ipo?

A.1 Issue Price of PowerGrid InvIT IPO is 99 to 100 Rs Per share.

Q.2 what is the issue size of PowerGrid Invit ipo?

A.2 Issue size of PowerGrid Invit ipo is Rs.7733.99 crore.

Q.3 What is the lot size of PowerGrid Invit ipo?

A.3 Lot Size is PowerGrid InvIT IPO is 1100 shares.

Q.4 what is the allotment date is PowerGrid Invit ipo?

A.4 10 May 2021 is a Allotment Date for PowerGrid InvIT IPO.

Q.5 what is the listing date of PowerGrid Invit ipo?

A.5 17 May 2021 is a Listing Date for PowerGrid InvIT IPO.

Q.6 When will PowerGrid Invit ipo open?

A.6 PowerGrid InvIT IPO opens on 29 Apr 2021.

Q.7 Who is the Registrar of PowerGrid Invit ipo?

A.7 Kfin Technologies Private Ltd is the Registrar of PowerGrid Invit ipo.

Q.8 who is the lead managers of the PowerGrid Invit ipo?

A.8 There are 11 Lead managers of this ipo.

  • ICICI Securities Ltd
  • Axis Capital Ltd
  • Edelweiss Financial Services Ltd
  • HSBC Securities and Capital Market Pvt Ltd

Conclusion

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