POWERGRID Infrastructure Investment Trust InvIT Message Board (Page 6)

THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 23rd April 2021)


A) DRHP Filed – SEBI Approval *Awaited*:

1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21
2) India Pesticide >>> DRHP filing date 10-Feb-21
3) Sona BLW Precision Forgings >>> DRHP filing date 23-Feb-21
4) Krishna Institute of Medical Sciences >>> DRHP filing date 26-Feb-21
5) Shyam Metalics and Energy >>> DRHP filing date 26-Feb-21
6) Utkarsh Small Finance Bank >>> DRHP filing date 04-Mar-21
7) Paras Defence and Space Technologies >>> DRHP filing date 09-Mar-21
8) Rolex Rings >>> DRHP filing date 18-Mar-21
9) EXXARO Tiles >>> DRHP filing date 18-Mar-21
10) Jana Small Finance Bank >>> DRHP filing date 01-Apr-21
11) Tatva Chintan Pharma Chem >>> DRHP filing date      01-Apr-21
12) Clean Science and Technologies >>> DRHP filing date 09-Apr-21
13) Shriram Properties >>> DRHP filing date 09-Apr-21
14) G R Infraprojects >>> DRHP filing date 16-Apr-21
15) Glenmark Life Sciences >>> DRHP filing date 16-Apr-21
16) Aditya Birla Sun Life AMC >>> DRHP filing date 19-Apr-21


B) SEBI Approval *Received (within the past 12 months)*:

1) Dodla Dairy >>> SEBI Approval 23-Apr-21
2) Arohan Financial Services >>> SEBI Approval 23-Apr-21
3) Seven Islands Shipping >>> SEBI Approval 30-Mar-21
4) Sigachi Industries >>> SEBI Approval 24-Nov-20
5) Jaikumar Constructions >>> SEBI Approval 10-Sep-20


C) SEBI Approval *Received (>12 months ago)*:

6) National Commodity & Derivatives Exchange >>> SEBI Approval 09-Apr-20
7) Esaf Small Finance Bank >>> SEBI Approval 20-Mar-20
8) Apeejay Surrendra Park Hotels >>> SEBI Approval 09-Mar-20
9) Mukesh Trends Lifestyle >>> SEBI Approval 14-Feb-20
10) Puranik Builders >>> SEBI Approval 31-Jan-20
11) Montecarlo >>> SEBI Approval 28-Jan-20
12) Shri Bajrang Power and Ispat >>> SEBI Approval 17-Jan-20

I have a question here,
does the SEBI approval expires after 12 months of IPO approval. How long this SEBI approval hold valid?

IPO not showing in Upstox and IIFL app

How much did anchor ⚓ investors subscribe

Rs 3480 crores. Wide variety of Anchors

I want to invest in 10 year tenure and I would like to know if i should opt for Annual Payment
or Quarterly Payment. Annual Payment gives better returns but what do you''ll think?

It depends on your cash flow needs. Quarterly is better after adjusting for income tax taking time value of money

How is it possible that a stock like nureca have 7 consecutive Upper Circuits ?

From 16th of April it is continously having upper circuits

Nureca makes home healthcare products like pulse oxymeter, thermometer. With rise of covid 2nd wave, demand for it''s products is increasing.

That''s why nureca price is rising like anything

Today once again Lower Circuit. Operator game...

Zomato Filed Papers For It''s IPO
DRHP Date: 27-Apr-2021
Issue Size: Rs 8,250 Cr (Rs 7,500 Cr Fresh Issue+ Rs 750 Cr OFS)
No ShareHolder''s Quota For Naukri Shareholders
Retail Portion Reservation: 10%

Power grid invit how much should I invest. I am retired . Also is there TDS on the income distributed. Is the invit for a fixed maturity period. Expected returns- interest or dividend . How much

Thanks

Yes, they deduct minimum of 5-7.5% TDS, you can get it refunded if you don''t come under tax bracket when filing the Tax returns.

Can anyone please answer ? How much regular income can you expect ? Can there be a year in future even without any dividend ?

They have to distribute 90% income as dividend. also TDS is deducted on the amount distributed.
Returns are more or less guaranteed. I am holding indigrid and it is giving me returns of around 10%. So buy it u will be not sorry.

They have not mentioned how much would be quarterly or semi-annual distribution. But, given Indigrid is currently giving 9+% yield, it should be at least equal to that I hope. If you are getting 8% or less on your fixed deposits, Invits are better option..

Comparison of IndiGrid Vs Powergrid Invit
1. Indigrid InVit Total CKM = 7570 ckm of transmission lines and 11 sub stations (13550 MVA)
Powergrid Invit CKM = 3698 ckm of transmission lines with 3 sub stations (6630 MVA)
2. Market cap of Indigrid as on date Approx INR 9000 cr (post rights listing @ INR129 on NSE)
Expected MCap of Powergrid Invit if it raises around INR 7500 cr from market and PGCIL retains 26% ownesrhip = Approx INR 10000 Cr
3. Present Indigrid Yield @ INR 12.4 per year DPU = 12.4 / 129= 9.6%....... Likely to go up with latest acquisition and lowering of cost of overall debt. Indigrid has raised capital through Rights Issue @INR 1300 CRs approx and is also raising debt of INR 1000 crs via Public NCDs @ around 7.5 to 8.5 % interest . The debt instruments are AAA rated, which indicates IndiGrid’s strength as a Invit.
PowerGrid Invit will be worth investing if the yield is anywhere above 8.5 %. Else, it may be better to buy IndiGrid at current levels.
Also, treat this investment as a type of Fixed Income investment with some minimal scope for appreciation as more assets get added to the INVIT.

Management indicated 12.4 distribution will be maintained even after right issue. Infact newly acquired asset with right issue proceeds and ncds, is yield accretive.

Indigrid has clearly indicated minimum 12.4 distribution even after Rights issue for the foreseeable future, which is more likely at least 10 or more years. Previously their projections had clearly showed Rs12 distribution for next 10 years before recent acquisitions. So, I think still better.

Zomato filed DRHP with semi

https://www.investmentbank.kotak.com/downloads/zomato-limited-DRHP.pdf

SEBI**

Retail portion 10%

Anyone can explain, How dividends from invIT will be taxed in case of resident individuals?

Thanks Arun bhai

There''s no Tax free dividends from last year budget, everything is taxed as per the tax bracket, you should know by now, it''s been a year.
https://cleartax.in/s/how-dividends-taxable

In case we get allotment, and after 2 months the unit price becomes 1,500 can we sell entire lot of 1,100 shares in the share market ?
Or once we get allotment whether we cannot sell to corner profits ?

Yes you can sell entire holding on listing day itself. But don''t expect the price to be 1500 against issue price of 100.
This is a quasi debt instrument. You will hardly get upto 10% gain. Discount listing is also possible because issue size is extremely high.

Sorry I wrongly mentioned the listing price at 1,500 whereas it should be read as Rs. 150

federal mogul OFS

Any idea at what price we should bid to get allotment?

Clearing price is Rs 275.55 for retail investors

yes game changed at 15:29 PM just before market closed. morning this stock was available in cheap rate than settled OFS retail price.

How much Qtr payout we can expect in FY22


How much free cash and
number of units allotted?

Tamilnad Mercantile Bank eyes Rs 1,000-crore IPO by Nov-Dec 2021

Is''t SJVN better than both Invits? Similar business, Miniratna Co, @ Re 25, yield is almost 9%

Onething is for sure, without GRID electricity wont flow and you know what happens. This is ultra critical infrastructure of any country. You can deduce rest.

Nothing against SJVN, but scalability is a issue here, each project is costly and time consuming. On the other side, as long as govt in financial stress(that may be forever, lol), it will give good dividends. And heck, looking at Adani green all these green assets will be get a great appreciation going forward.

@rsk another dividend stock called NHPC has not crossed IPO price for ages. Stress govt has bought back share even at Rs 19 when IPO was done at Rs 36. Reading of interest rate is important as electricity rates have direct linkage to interest rate (cost of capital) In Invit cash flows are fixed. I am happily holding tax free bonds for 15 years at 7.8 percent issued 6 7 years ago when SBI is paying 1 year FD of 5.5% that too is taxable

Any idea of gmp

Info edge statement in BSE

ZOMATO is proposing an ipo of equity shares comprising of fresh issue of shares by Zomato and an offer for sale by info edge

Board of directors have considered and given the approval to the company to participate in the said OFS of upto such number of
shares of Zomato as would aggregate upto Rs 7500 million terms and condition would be specified in DHRP

shyam metalics page removed by admin. lagta hai nahi aayega

Yes