POWERGRID Infrastructure Investment Trust InvIT Upcoming IPO April 2021 Detail

POWERGRID Infrastructure Investment Trust InvIT Upcoming IPO apply

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

POWERGRID Infrastructure Investment Trust 2021– The Latest Powergrid Upcoming  IPO Listing in  NSE/BSE are given below. The Application process & instructions to Apply Online for this IPO  openings are given below. powergrid Upcoming IPO price 2021 & Powergrid Upcoming IPO allotment price 2021 IPO listing date also details mention below.

POWERGRID InvIT IPO April 2021 Details – Powergrid Infrastructure Investment Trust IPO Details with the Dates, Expected rates & other details are given below. We will keep adding More Details & Updates about This IPO So keep visiting us.

The PowerGrid InvIT’s Initial Portfolio Assets comprise 5 power transmission projects located across five states of India. The PowerGrid projects comprise 11 transmission lines, including six 765 kV transmission lines and five 400 kV transmission lines, with a total circuit length of approximately 3,698.59 ckm, and three substations with 6,630 MVA of an aggregate transformation capacity and 1,955.66 km of optical ground wire. All these are the Big projects of PowerGrid.

POWERGRID InvIT IPO April 2021 Details

POWERGRID Infrastructure Investment Trust Details

POWERGRID Infrastructure Investment Trust 2021 Details-  POWERGRID Infrastructure Investment Trust Group of Companies published An advertisement for the IPO Listing at NSE/BSE. POWERGRID Infrastructure Investment Trust power grid IPO price 2021 &  IPO allotment price2021 – The Applications are invited for  interested Applicant . If your are Looking for such a kind of then you can apply through the

POWERGRID Infrastructure Investment IPO Trust About;

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.

Power Grid IPO 2021 Date

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 Infrastructure Investment Trust

Details

Name of IPO  –  POWERGRID Infrastructure Investment Trust InvIT
IPO INFORMATION –

POWERGRID InvIT IPO April 2021 Details

IPO Opening Date Apr 29, 2021
IPO Closing Date May 3, 2021
Issue Type Book Built Issue InvIT
Face Value ₹ per equity share
IPO Price ₹99 to ₹100 per equity share
Market Lot 1100 Shares
Min Order Quantity 1100 Shares
Listing At BSE, NSE
Issue Size [.] Eq Shares of ₹
(aggregating up to ₹7,734.99 Cr)
Fresh Issue [.] Eq Shares of ₹
(aggregating up to ₹4,993.48 Cr)
Offer for Sale [.] Eq Shares of ₹
(aggregating up to ₹2,741.51 Cr)

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IPO TIMETABLE      

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 Date Apr 29, 2021
IPO Close Date May 3, 2021
Basis of Allotment Date May 10, 2021
Initiation of Refunds May 11, 2021
Credit of Shares to Demat Account May 11, 2021
IPO Listing Date May 17, 2021
IPO Listing BSE/NSE
Application Mode online by mail given below 
Application Method –

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.

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lot Size info –

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).

Application Lots Shares Amount (Cut-off)
Minimum 1 1100 ₹110,000
Maximum 1 1100 ₹110,000

      POWERGRID InvIT IPO April 2021 FAQs

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 ₹ 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.

Power Grid IPO Price 2021

The price band for the offer has been fixed at Rs 99-100 a unit.

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

All Important Dates

Last Date of Application – 3 May2021

Important Links

IPO Prospectus Link https://www1.nseindia.com/content/equities/RHP_POWERGRID.pdf
Official Website http://www.pginvit.in/

Contact Details 

Contact Info

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