POWERGRID Infrastructure Investment Trust InvIT (POWERGRID InvIT IPO April 2021) Detail

Apr 29, 2021 - May 3, 2021

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.

Powergrid InvIT's sponsor is Power Grid Corporation of India Limited (PGCIL). PGCIL is the largest power transmission company in India. PGCIL is engaged in project planning, designing, financing, constructing, operating, and maintaining power transmission projects across India.

Powergrid InvIT's Investment Manager, POWERGRID Unchahar Transmission Limited, a wholly-owned subsidiary of PGCIL. They are responsible for managing the InvIT, the Initial Portfolio Assets as well as undertaking investment decisions relating to its assets.

Powergrid InvIT's Trustee, IDBI Trusteeship Services Limited is SEBI registered debenture trustee. They are responsible for ensuring that its business activities and investment policies comply with the provisions of the InvIT Regulations, and monitoring the activities of our Investment Manager and the Project Manager.

POWERGRID InvIT IPO April 2021 Details

IPO Opening DateApr 29, 2021
IPO Closing DateMay 3, 2021
Issue TypeBook Built Issue InvIT
Face Value₹100 per equity share
IPO Price₹99 to ₹100 per equity share
Market Lot1100 Shares
Min Order Quantity1100 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹100
(aggregating up to ₹7,734.99 Cr)
Fresh Issue[.] Eq Shares of ₹100
(aggregating up to ₹4,993.48 Cr)
Offer for Sale[.] Eq Shares of ₹100
(aggregating up to ₹2,741.51 Cr)

POWERGRID InvIT IPO April 2021 Tentative Timetable

The POWERGRID InvIT IPO April 2021 open date is Apr 29, 2021, and the close date is May 3, 2021. The issue may list on May 17, 2021.

IPO Open DateApr 29, 2021
IPO Close DateMay 3, 2021
Basis of Allotment DateMay 10, 2021
Initiation of RefundsMay 11, 2021
Credit of Shares to Demat AccountMay 11, 2021
IPO Listing DateMay 17, 2021

POWERGRID InvIT IPO April 2021 Lot Size

The POWERGRID InvIT IPO April 2021 market lot size is 1100 shares. A retail-individual investor can apply for up to 1 lots (1100 shares or ₹110,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11100₹110,000
Maximum11100₹110,000

Credit Ratings

The trust have 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.

POWERGRID InvIT IPO April 2021 Subscription Status (Bidding Detail)

The POWERGRID InvIT IPO April 2021 is subscribed 4.83x times on May 3, 2021 17:00. The public issue subscribed in the retail category, 4.63x in the QIB category, and 5.07x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

4.63x

NII

5.07x

Total

4.83x

POWERGRID InvIT IPO April 2021 Prospectus

POWERGRID InvIT IPO April 2021 Rating

550
3.8
Rating:Rated 3.8 stars

Vote Here ...

POWERGRID InvIT IPO April 2021 Listing Date

Listing DateFriday, May 14, 2021
BSE Script Code543290
NSE SymbolPGINVIT
Listing InIF Group of Securities
ISININE0GGX23010
IPO Price₹100 per equity share
Face Value₹100 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹100.00
₹104.00
₹102.84
₹104.97
₹102.98
2,397,800
NSE
₹100.00
₹104.00
₹102.75
₹104.90
₹102.99
44,464,200

Company Contact Information

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

Phone: +91 124 282 3177
Email: investors@pginvit.in
Website: http://www.pginvit.in/

POWERGRID InvIT IPO April 2021 Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: powergrid.invit@kfintech.com
Website: https://karisma.kfintech.com/

POWERGRID InvIT IPO April 2021 FAQs

  1. What is POWERGRID InvIT IPO April 2021?

    POWERGRID InvIT IPO April 2021 is a main-board InvIT of [.] equity shares of the face value of ₹100 aggregating up to ₹7,734.99 Crores. The issue is priced at ₹99 to ₹100 per equity share. The minimum order quantity is 1100 Shares.

    The InvIT opens on Apr 29, 2021, and closes on May 3, 2021.

    KFintech Private Limited is the registrar for the InvIT. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in POWERGRID InvIT IPO April 2021 through Zerodha?

    Zerodha customers can apply online in POWERGRID InvIT IPO April 2021 using UPI as a payment gateway. Zerodha customers can apply in POWERGRID InvIT IPO April 2021 by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in POWERGRID InvIT IPO April 2021 through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'POWERGRID InvIT IPO April 2021' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When POWERGRID InvIT IPO April 2021 will open?

    The POWERGRID InvIT IPO April 2021 opens on Apr 29, 2021 and closes on May 3, 2021.

  4. What is the lot size of POWERGRID InvIT IPO April 2021?

    POWERGRID InvIT IPO April 2021 lot size is 1100 Shares and the minimum order quantity is 1100 Shares.

  5. How to apply for POWERGRID InvIT IPO April 2021?

    You can apply in POWERGRID InvIT IPO April 2021 online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When POWERGRID InvIT IPO April 2021 allotment?

    The finalization of Basis of Allotment for POWERGRID InvIT IPO April 2021 will be done on May 10, 2021, and the allotted shares will be credited to your demat account by May 11, 2021. Check the POWERGRID InvIT IPO April 2021 allotment status.

  7. When is POWERGRID InvIT IPO April 2021 listing date?

    The POWERGRID InvIT IPO April 2021 listing date is on Friday, May 14, 2021.

POWERGRID InvIT IPO April 2021 Message Board

Ranked Members  Ranked Members

Loading...
1. LockDownInvestor |Jun 16, 2021 19:55
Any Idea in which month will the dividend payout will happen?
1.1. AKMP |Jun 16, 2021 22:41
No interest/dividend for 1st six months







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