Powergrid InvIT was set-up to claim, build, work, keep up with and put resources into power transmission resources in India. Its support and venture chief, Power Grid Corporation of India Limited is a Maharatna CPSE. Starting at 1 November 2020, Power Grid was the biggest force transmission organization in India as far as length of transmission lines estimated in circuit kilometers (ckm). Starting at 31 August 2020, the support’s offer in India’s combined between provincial force move limit was over 85%.
Of the support TBCB (levy based serious offering) projects, Powergrid InvIT proposes to secure five activities at first with an all out organization of 11 force transmission lines of roughly 3,698.59 ckm and three substations having 6,630 MVA of total change limit, starting at 31 December 2020, across five states in India.
Powergrid InvIT expects to convey essentially 90% of the net money accessible for appropriation to its unitholders once every quarter in each monetary year. Nonetheless, the principal assertion of dispersion by the Trust will be made inside a half year from the posting and exchanging of units as per the deal.
Subscription Dates | 29 April – 3 May 2021 |
Price Band | INR99 – 100 per unit |
Fresh issue | INR4,993.48 crore |
Offer For Sale | INR2,741.51 crore |
Total IPO size | INR7,734.99 crore |
Minimum bid (lot size) | 1,100 units |
Minimum investment | INR1,08,900 – 1,10,000 |
Non-Institutional Investor Allocation | 25% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | 9M FY2021 | |
Revenue | 345.6 | 984.1 | 1,334.1 | 1,009.1 |
Expenses | 217.1 | 636.1 | 846.7 | 461.4 |
Comprehensive income | 114.1 | 248.1 | 378.8 | 337.1 |
Margin (%) | 33.0 | 25.2 | 28.4 | 33.4 |
Earnings Per Share (EPS): updated soon
Earnings Per Share (EPS):updated soon
Price/Earnings (PE ratio):updated soon
Price/Earnings (PE ratio):updated soon
Return on Net Worth (RONW):updated soon
Net Asset Value (NAV):updated soon
Updated Soon
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
POWERGRID Infrastructure Investment Trust | May 14, 2021 | 100 | 102.98 | 2.98% |
ISIN CODE : INE0GGX23010
Angel Broking – Neutral
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Ventura Securities – Not Rated
IPO Opening Date: 29 April 2021
IPO Closing Date: 3 May 2021
Finalisation of Basis of Allotment: 10 May 2021
Initiation of refunds: 11 May 2021
Transfer of shares to demat accounts: 11 May 2021
Listing Date: 14 May 2021
Opening Price on NSE: INR104 per share (up 4% from IPO price)
Closing Price on NSE: INR102.99 per share (up 2.99% from IPO price)
Powergrid Infrastructure Investment Trust
Plot No. 2,
Sector 29,
Gurgaon 122 001
Phone: +91 124 282 3177
Email: investors@pginvit.in
Website: www.pginvit.in
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,Gachibowli, Nanakramguda,Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 23,20,49,400 | 0.03 | 0.38 | 4.63 |
NII | 19,33,75,600 | 0.19 | 0.88 | 5.06 |
Total | 42,54,25,000 | 0.10 | 0.60 | 4.83 |
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