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India Grid Trust NCD April 2021 Detail
Issue Open April 28, 2021
Issue Close April 30, 2021
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹900.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

India Grid Trust NCD April 2021 Date & Price

The India Grid Trust NCD April 2021 issue opens on April 28, 2021, and closes on April 30, 2021, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

India Grid Trust NCD IPO dates are as below:

India Grid Trust NCD April 2021 Issue Timetable

Bid/Offer Opens OnApril 28, 2021
Bid/Offer Closes OnApril 30, 2021
Record Date
Deemed Date of Allotment

Sorry, India Grid Trust NCD April 2021 DRHP PDF Document is not available at this time.

India Grid Trust NCD April 2021 Red Herring Prospectus (RHP) PDF

India Grid Trust NCD April 2021 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

Each application should be for a minimum of 1 NCD's and multiples of 1 NCD thereof.

India Grid Trust NCD April 2021 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until April 30, 2021. The bid may close earlier in case it is fully subscribed.

Coupon Rates (for Retail & HNI)

Series

Frequency

Tenure

Coupon Rate

Effective Yield

I

Annual

3 Years

6.75%

6.74%

II

Annual

5 Years

7.60%

7.60%

III

Annual

7 Years

7.90%

7.89%

IV

Quarterly

7 Years

7.69%

7.91%

V

Annual

10 Years

8.20%

8.20%

VI

Quarterly

10 Years

7.97%

8.21%

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 3, 5, 7 & 10 year.

India Grid Trust NCD April 2021 Issue Size and Subscription Status

The India Grid Trust NCD April 2021 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹900.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in India Grid Trust NCD April 2021 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check India Grid Trust NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

India Grid Trust NCD April 2021 Allotment and Listing

The NCD's are proposed to be listed on BSE, NSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The India Grid Trust Allotment Status is not available online at this time.

The India Grid Trust NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price India Grid Trust NCD April 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

India Grid Trust NCD - Should I apply?

Sorry, we do not provide NCD recommendations. But we share a lot of information about India Grid Trust NCD April 2021 which could help you with questions like India Grid Trust NCD April 2021 buy or not? You should also read India Grid Trust NCD April 2021 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

India Grid Trust NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.