POWERGRID Infrastructure Investment Trust IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 7734.99 Cr. The company is based in New Delhi and caters to Infrastructure sector. Axis Capital , Edelweiss Financial Services , Hsbc Securities & Capital Markets Limited , ICICI Securities are the merchant bankers of POWERGRID Infrastructure Investment Trust IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th January 2021.
POWERGRID Infrastructure Investment Trust IPO open date is 29th April 2021 and close date is 3rd May 2021. IPO Allotment Date is 10th May 2021 and Listing date is 14th May 2021.POWERGRID Infrastructure Investment Trust IPO size is ₹ 7734.99 Cr. with IPO price of ₹ 100.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the POWERGRID Infrastructure Investment Trust IPO. Kfin Technologies Limited is the Registrar for POWERGRID Infrastructure Investment Trust IPO.
POWERGRID Infrastructure Investment Trust IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
POWERGRID Infrastructure Investment Trust IPO, based in New Delhi, operates in the Infrastructure sector with a focus on Infrastructure Investment Trust. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. POWERGRID Infrastructure Investment Trust IPO size is ₹ 7734.99 Cr. with fresh issue size of ₹ 4993.48 Cr. and Offer for sale being ₹ 2741.51 Cr.
The IPO allotment date for POWERGRID Infrastructure Investment Trust IPO is expected to be 10th May 2021, after the finalization of basis of allotment. Investors can check POWERGRID Infrastructure Investment Trust IPO allotment status on the registrars website, Kfin Technologies Limited . POWERGRID Infrastructure Investment Trust IPO refund dates are 11th May 2021.
POWERGRID Infrastructure Investment Trust IPO is expected to be listed on 14th May 2021.
The upper price band for the POWERGRID Infrastructure Investment Trust IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on POWERGRID Infrastructure Investment Trust IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the POWERGRID Infrastructure Investment Trust IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd May 2021. After submission, funds are blocked until the basis of allotment of POWERGRID Infrastructure Investment Trust IPO is finalised.
The merchant banker for POWERGRID Infrastructure Investment Trust IPO is Axis Capital Limited , Edelweiss Financial Services Limited , Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited . Axis Capital Limited , Edelweiss Financial Services Limited , Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the POWERGRID Infrastructure Investment Trust IPO RHP for further details.
The registrar for POWERGRID Infrastructure Investment Trust IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to POWERGRID Infrastructure Investment Trust IPO through their official website or helpline.
POWERGRID Infrastructure Investment Trust IPO was subscribed 4.83 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
POWERGRID Infrastructure Investment Trust IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on POWERGRID Infrastructure Investment Trust Financial Review Page
Merchant Banker(s) of POWERGRID Infrastructure Investment Trust IPO: Axis Capital Limited , Edelweiss Financial Services Limited , Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited
POWERGRID Infrastructure Investment Trust IPO subscription was 4.83 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
POWERGRID Infrastructure Investment Trust IPO listed at a listing price of 102.98 against the offer price of 100.00.
The current market price of POWERGRID Infrastructure Investment Trust is 90.98.
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