POWERGRID InvIT IPO April 2021 Allotment Status Online

The POWERGRID InvIT IPO April 2021 allotment status will be available on May 10, 2021, as per the timeline provided in the red-herring prospectus.

Below are the steps to check POWERGRID InvIT IPO April 2021 allotment status online:

• Visit the POWERGRID InvIT IPO April 2021 allotment status page.
• Click on the green POWERGRID InvIT IPO April 2021 Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the POWERGRID InvIT IPO April 2021 allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of POWERGRID InvIT IPO April 2021 depends on many factors including demand, nature of the business, market environment and state of the economy. The POWERGRID InvIT IPO April 2021 grey market premium gives some hint but the actual listing price is difficult to guess.

POWERGRID InvIT IPO April 2021 allotment status is expected on May 10, 2021. Click the green button POWERGRID InvIT IPO April 2021 Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If POWERGRID InvIT IPO April 2021 oversubscribed in the retail category, the POWERGRID InvIT IPO April 2021 shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The POWERGRID InvIT IPO April 2021 shares will get listed on Friday, May 14, 2021. The equity share of POWERGRID Infrastructure Investment Trust will list on BSE, NSE.

The reason you didn't get the POWERGRID InvIT IPO April 2021 could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).