Business Standard

Powergrid Infrastructure Investment Trust - IPO

Issue Type

Book Building-InvITs

Issue Size (₹ Cr.)

7,734.99 cr

Price Range (₹)

100

Lot Size

1100

Min Investment (₹)

1,10,000.00

Listing Exchange

MumbaiNSE

Open Date

29-Apr-2021

Close Date

03-May-2021

Listing Date

14-May-2021

Powergrid Infrastructure Investment Trust News

    The Shares of Powergrid Infrastructure Investment Trust have now been listed.

    Powergrid Infrastructure Investment Trust IPO Details

    POWERGRID Infrastructure Investment Trust (the Trust) is issuing up to (*) Units (as defined below) for cash at a price of Rs. (*) per unit aggregating up to Rs. 4993.48 Crores (the Fresh Issue) and the Selling Unitholder is offering up to (*) Units aggregating up to Rs. 2741.51 Crores (the Offer for Sale and together with the Fresh Issue, the Offer).Offer Price Rs. 100 per UnitBidders (Other than Anchor Investors) can make Bids for a minimum of 1100 Units and in multiple of 1100 Units thereof.Minimum Bid size for Bidder other than Anchor Investors was Rs. 0.01 Crores

    Objective of issue

    Providing loans to the Initial Portfolio Asset for repayment or pre-payment of Debt, including and accrued Interest, availed by the Initial Portfolio Assets. General Purposes.

    Powergrid Infrastructure Investment Trust Contact Details

    Powergrid Infrastructure Investment Trust, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investors@pginvit.in

    Website - www.pginvit.in