IndiGrid InvIT Fund IPO Message Board (Page 4)

When is allotment and listing date ?

When indigrid allotment ?
How much new GMP ?

When indigrid allotment ?
And how much GMP ?

Dear friends as expected the response was not good and it should list on discount due to complex ownership structure it''s clearly impossible for small investors to make a decision

Indigrid : Kostak 8000, Sub2 Rs. 6, GMP Rs. 8
Expected to be oversubscribed by 15+ times in non-institutional category

Even IRB invit fund could not get 15x oversubscription then what was your 15+ oversubscription in Indigrid invit based upon after such a dismal listing on share bazaar?

IPO Bhavnagar , what is GMP now ?

indiagrid is good company....wait for one month... no any tension for long term

After IRB this page have so much silence ....😂😂😂

DEAR FRIENDS....

INDIGRID INVIT IS GOOD COMPANY

Indiagrid

Day 3 at 2:00PM

Institutional: 0.56x
NII: 1.40X

Total: 0.94X
Applications: 3442 Approx
No. of Applic-wise: 0.61X

My guess is that since IRB INvIT issue has flopped on listing (apart from the hype created by by bogus analysts & grey market traders), a few things will be key going forward:

- GMP is a hoax most of the time (as evident in S Chand & iRV InvIT)
- IndGRid would be a super flop (my estimate 30% subscription).
- Promoters are rich and can easily put in 2000 crores to save face.

At least for now,such Instruments not for Individual Investors..
Nil or Negligible Capital Appreciation.
Poor ROI
Almost no chance of Principal Amount return.
Chances of IT Query as amount is 10L
Reminds my LIC Superannuation ,where I am getting 7.5 % but my Nominee will get Principle Amount after my death...

I think post poor listing of irb invite fund...the subscription number will be very less for this fund....people who were planning to apply few applications now want that kisi Tarah irb k loss se Bach jayein....

Liquidity and Greed will never allow to have a less no of applications in any IPO... Slightly less possible, but, too less not possible.

I also agreed that It will not be fully suscripped because of poor listing of irb today.

Biggest issue in this IPO is that allotment will be on proportional basis which was not the case in IRB Infra InvIT. This would favor those putting in a large application for these units

Mr. JKG has already posted the same at Point No 47

Thanks IPO Bhavnagar. Best Regds.

ANY BUDDY INTRESTED TO BUY INDIA GRIDE APPLICATION IN GMP OR KOSTAK.

पहले समझे कि यह इशू क्या है । सिर्फ बडी कम्पनी अपनी
टोपी trust को पहना रहा है (अपने Asstt बेचकर) और trust invester को पहना कर बाहर ।

NOT APPLY

IPO BROKER COMMISTION KI LALACH ME SABKO APPLY KARATE HAI AUR GMP AUR KOSTAK RATE SAB FAKE HAI PLEASE ITNE BADE IPO MAT APPLY KARE AUR APANA PAISA BACHAYE YE RPOWER KE TIME JESI MARKET KA DHOKA HAI APAKA PAISA EK BAR FAS GAYA NIKALNE ME 2-3 SAAL LAG JAYENGE PLEASE DONT APPLY. AUR GMP AUR KOSTAK RATE KUCH LOG APANE HISAB SE NIKAL RAHE HAI VAISA SODA BADE IPO ME NAHI HOTE

DONT APPLY BCS IRB LISTING AROUND 102 WHICH IS OFFER PRICED SO ITS FEAR ABOUT LISTING... JUST CEATING IN GREY MKT TO PREMUIM...

Hi

SBI is not showing this IPO in their ASBA list.
Is there any way to apply for this IPO from SBI?

Print Blank Form from nseindia.com , Fill it and submit mannualy to your branch thats all

It shows up in ICICI. Physical application supports ASBA?

I m confused
Applied or not !
No one is recommend aggressively

Dear All,

Please find below the method of basis of allotment in India Grid Trust InvIT Fund.  Kindly refer page No. 260 of offer documents.

Method of Proportionate Basis of Allotment in the Issue

 

Bids received from Bidders, other than Anchor Investors, at or above the Issue Price may be grouped together to determine the total demand under each category. The allotment to all successful Bidders, other than Anchor Investors, may be made at or above the Issue Price. If the aggregate demand in this category is less than or equal to the allocation made to each category, full allotment may be made to Bidders to the extent of their demand. In case the aggregate demand in each category is greater than the allocation to such category at or above the Issue Price, allotment may be made on a proportionate basis up to a minimum of the allocation to such category. In the event of the Issue being over-subscribed, the Issuer may finalise the Basis of Allotment in consultation with the Designated Stock Exchange in accordance with the InvIT Regulations and InvIT Guidelines. The allocation to Bidders (other than Anchor Investors), on a proportionate basis as explained below:

 

(a) Bidders may be categorized according to the number of Units applied for;

 

(b) The total number of Units to be Allotted to each category as a whole may be arrived at on a proportionate basis, which is the total number of Units applied for in that category (number of Bidders in the category multiplied by the number of Units applied for) multiplied by the inverse of the over-subscription ratio;

 

(c) The number of Units to be Allotted to the successful Bidders may be arrived at on a proportionate basis, which is total number of Units applied for by each Bidder in that category multiplied by the inverse of the over-subscription ratio;

 

(d) In all Bids where the proportionate allotment is less than the minimum bid lot decided per Bidder, the allotment may be made as follows: the successful Bidders out of the total Bidders for a category may be determined by a draw of lots in a manner such that the total number of Units Allotted in that category is equal to the number of Units calculated in accordance with (b) above; and each successful Bidder may be Allotted a minimum of such Units equal to the minimum Bid Lot finalised by the Issuer;

 

(e) If the Units allocated on a proportionate basis to any category are more than the Units Allotted to the Bidders in that category, the remaining Units available for allotment may be first adjusted against any other category, where the Allotted Units are not sufficient for proportionate allotment to the successful Bidders in that category. The balance Units, if any, remaining after such adjustment may be added to the category comprising Bidders applying for minimum number of Units.