POWERGRID Infrastructure Investment Trust InvIT Message Board (Page 7)

In this instrument when we get our principal amount back............

Arohan Financial Services get Sebi''s go ahead for IPO


Arohan Financial Services plans to raise between Rs 1,750 crore and Rs 1,800 crore, as per market sources.

There is no face value of shares. Any body can please explain why it is so.

These are not shares but units of Infrastructure investment trust. No Units has been issued but offered money i.e. Rs 100 per unit will be used to buy the 85% of investment trust. 15% of sponsor units are also sold at sold at same rates to them

What is the portion for retailers. No care taken for small investors.

Dodla Dairy get Sebi''s go ahead for IPO
Dodla Dairy''s IPO comprises fresh issuance of shares worth up to Rs 50 crore, besides, an offer for sale of up to 10,085,444 equity shares by TPG Dodla Dairy Holdings Pte Ltd, Dodla Sunil Reddy, Dodla Deepa Reddy, and Dodla Family Trust, according to the draft papers.

Proceeds from the issue will be used for payment of certain borrowings, funding capital expenditure requirements of the company and for general corporate purposes.

Axis Capital and ICICI Securities will manage the company''s initial share sale.

The company''s operations in India are primarily across the four south Indian states of Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. Its international operations are based in Uganda and Kenya.

IPO Dates : 29-Apr-2021 To 03-May-2021
Allotment Date: 11-May-2021
Listing Date: 17-May-2021
Issue Size: Rs 7,735 Cr (Rs 4,993.5 Cr Fresh Issue+ Rs 2,741.5 Cr OFS)
Price Band: Rs 99 to Rs 100
Lot Size & Price: 1,100 Shares (Rs 1,10,000 Per Lot)

Powergrid InvIT IPO
Issue Opens on: 29th April 2021
Issue Closes on: 3rd May 2021
Issue Price: Rs.99– Rs.100 per unit
Market Lot: 1100 units
Issue Size : 7,735 Crore
Application Amount : 1,10,000
Institutional Investor : 75%
Non Institutional Investor : 25%

Price band 99-100

Lot 1100

Not for listing gain but very good for long term i am getting return of around 10% in indigrid.
So definitely a buy for fixed income seekers and near 100% safe income as long as towers are standing. Non competitive business.

It is better as trading lot will be around 110000 as opposed to nearly 2 lakh for Indigrid

Any Reserved Quota for Powergrid Shareholders, I have more than 1000 shares of Powergrid?

no quota

Electrician

This Issue is very big size, should get firm allotment.

75% is QIB. only 25% is HNI. Minimum application is Rs 1 lakh

No seperate retail quota. Individual has to apply in Nii category having reservation upto 25%.
Minimum application amount will be around 1 lakh per lot.
PGinvIT is an quasi debt instrument with regular income from the assets monetization of Power Grid Corporation of India.
Apply for long term with intention of having regular income in form of dividend.
You may get small listing gain not more than 10%. Listing may happen even in discount to the issue price