POWERGRID Infrastructure Investment Trust InvIT Message Board (Page 5)

Lot of around Rs. 50000

Won''t there be proportionate allotment?

there will be proportionate allotment.

as HNI quota subscription timing is upto 5pm, this is now crossed 5 times.

Whoever applied more than 5 lots, he will get firm allotment.
whoever applied below 5 lots application, he may get 1 lot allotment or nil (less probability who applied less lots) ,

Yes agree, Corona case loads are on rise.. avoid ipo and market for some time. Stay home.. stay safe...

Safety first... request all to get vaccinated, if they are able to get..forget ipo, shares, investments for some time..

It''s unfortunate some cheap Management of company are coming up with ipo when our country is struggling, even other countries are lending their helping hand... but our corporates are in their own world.. only motive mint the money from public, they forget humanarian side...shame on them..

distribution will be quarterly

After listing first distribution will be made in 6 months but after that every quarter.

@lokesh chiru You are right

~1140 crores average annual free cash flow and 90% mandatory distribution.

Unlike private Invits, it is hard to guess what would be the Q distribution going forward and how efficiently they''ll manage. They don''t have ROFR (Right of First Refusal) on Powergrid''s assets, so, other private invits can also bid for Powergrid''s lines, which may make it expensive for the Invit.

@clearsky Why Parent powergrid will like to lose investment management fee as well as Income it will make from operating and maintenance (15% of O&M charges)
2ndly higher the bid price lower will be return for the Invit holders. ROFR is overrated. Invit should acquire assets at time of high rate of interest

@Arun, you have answered your own question. Why would Powergrid company investors would sell to a lower bid of PGInvit if someone else is offering higher price for the assets? and If PGInvit is forced to pay higher price, then their Unit holders will not get attractive returns. simple

We are discussing far fetched hypothesis here. Power grid is promoter of this invit. All 20+k crore assets will come here, period.
For convoluted logic, why sbi give cheap loans to sbi card, why hdfc sell thousands of crore home loans to hdfc bank.why money control and cnbc tv 18 promotes reliance all the time. Nobody questioned tatas when they stripped consumer business from tata chemical cheaply. Lol, you get the idea. We live in a world of vested interests.

difficult product to understand but yield will be 10% per year.(Rs.10 ) if promoters projections materialize.

JUST AVOID

Issue will not get extended..most big applications would come on the last date

Avoiding. Will buy on the day of listing if available on discount.

Dinesh it is already subscribed well. Stop giving incorrect advice.

7700cr IPO, where slow start, it will subscribe more than 4 times means 30000 Cr amount shall be applied in this IPO. Don''t think and apply otherwise u will get 5 to 10% costlier in open market.

25% of issue size. No retail quota upto Rs 2 Lakh like regular equity IPO

1100

@narayanana swamy,

arunARUN said 25%, is retailer quota. you can any number of times. No restrictions. If you have fund you can 100 times for retailer quota. Then the issue will get subscribed by nore than 100 times considering the other retail subscribers and allotment is made according to the rules. you may get som

Ravi Kumar Gudapati

I LOT ONLY OF 110000

Technically there is no seperate retail quota. If you apply for 1 lot, your application will be considered under retail application. If you apply for 2 or more lot, your application will be treated in hni category.

For both of the application, the allotment will be made on proportional basic subject to minimum lot. Technical there will be no difference in allotment process.

Apply for as many lots as you wish.

The UPI IPO method for applying is not yet available for InvITs.

Ref: https://zerodha.com/ipo/291528/power-grid-invit