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.
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 InvIT IPO April 2021 Details
| 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 |
| BSE Script Code | |
| NSE Symbol | |
| ISIN | |
| Issue Size | Aggregating up to ₹7,734.99 Cr |
| Fresh Issue | Aggregating up to ₹4,993.48 Cr |
| Offer for Sale | Aggregating up to ₹2,741.51 Cr |
POWERGRID InvIT IPO April 2021 Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | Apr 29, 2021 |
| IPO Close Date | May 3, 2021 |
| Basis of Allotment Date | May 10, 2021 |
| IPO Listing Date | May 17, 2021 |
POWERGRID InvIT IPO April 2021 Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1100 | ₹110,000 |
| Maximum | 1 | 1100 | ₹110,000 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For POWERGRID Infrastructure Investment Trust InvIT
Registrar & Company Details
| Company Contact Information | POWERGRID InvIT IPO April 2021 Registrar |
| POWERGRID Infrastructure Investment Trust Plot No. 2, Sector 29, Gurgaon 122 001 Phone: +91 124 282 3177; Email: investors@pginvit.in Website: http://www.pginvit.in/ | KFintech Private Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India – 500 032. Phone: 04067162222, 04079611000 Email: powergrid.invit@kfintech.com Website: https://karisma.kfintech.com/ |
