Powergrid InvIT IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
About Powergrid InvIT
Powergrid InvIT owns, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Powergrid InvIT registered with SEBI as an InvIT on
January 7, 2021. The compnay sponsor, Power Grid Corporation of India Limited, also acting in the capacity of the Project Manager, is a CPSE under the Ministry of Power, GoI and is listed on BSE and NSE
Powergrid InvIT IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Public issue of 5,58,000 equity shares |
| Issue Period | 29-Apr-2021 to 03-May-2021 |
| Issue Type | Book Built |
| IPO Price Band | ₹ 99 to ₹ 100 |
| Face Value | ₹ 10 |
| Market Lot | 1100 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1100 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE,NSE |
| NSE Symbol | PGINVIT |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Powergrid InvIT IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1100 | 1,10,000 |
| Maximum | 1 | 1100 | 1,10,000 |
Powergrid InvIT IPO Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
- Edelweiss Financial Services Limited
- HSBC Securities and Capital Markets (India) Private Limited
Powergrid InvIT Registrar
- KFin Technologies Private Limited
Powergrid InvIT IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 29-Apr-21 |
| Bid / Offer Closes on | 03-May-21 |
| Finalisation of Basis of Allotment | 10-May-21 |
| Initiation of refunds | 11-May-21 |
| Credit of the Equity Shares | 11-May-21 |
| Commencement of trading – Listing | 17-May-21 |
Powergrid InvIT IPO DRHP & RHP
- Powergrid InvIT IPO DRHP
- Powergrid InvIT IPO RHP
Powergrid InvIT IPO – FAQS
When Powergrid InvIT IPO will open ?
The Powergrid InvIT IPO opens on Apr 29, 2021 and closes on May 03, 2021
What is the lot size of Powergrid InvIT IPO ?
Powergrid InvIT IPO lot size is 1100 Shares and the minimum order quantity is 1100 Shares.
What is the price band for Powergrid InvIT IPO ?
The Powergrid InvIT IPO price band at Rs.99 to Rs.100 per share
Who is the Registrar for Powergrid InvIT IPO ?
The Registrar is KFin Technologies Private Limited
How to apply in Powergrid InvIT IPO through UPI?
Check the step by step process here – Click here