The PowerGrid InvIT IPO of PowerGrid Corporation of India, the country’s largest power sector government company, IPO opened on April 29. Which will close on 3 May. This IPO and PowerGrid InvIT IPO have been preparing to raise funds through its Fresh Issue and Offer For Sale so that it can further enhance its infrastructure. Almost disinvestment process of all government companies has started in FY 2022 for which fund preparation In this IPO, the money raised from Fresh Issue will be used by the company on its infrastructure, which will prove to be beneficial in the growth of the company.
PowerGrid InvIT IPO It is a collective investment process that works like a mutual fund in which individual and institutional investors can invest directly in any project and earn a good return as the income of the project. The company has fixed the price band of this IPO, whose issue price has been fixed at Rs 90 – 100 per unit.
The Issue size of PowerGrid InvIT IPO is 7734.99 crores, in which Fresh Issue of 4993.48 crores and offer sale of 2741.51 crores have been placed, below are all the details about PowerGrid InvIT IPO, which you can know in detail.
PowerGrid InvIT IPO Review :
■ Apply For Long Term
PowerGrid InvIT IPO Date & Price Band & Details :
| IPO Open : | 29 Apr 2021 |
| IPO Close : | 3 May 2021 |
| IPO Size : | 7734 .99 Cr |
| Face Value : | ₹ Rs. Equity Share |
| Price Band : | 99 – 100 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | 7734.99 Cr |
| Fresh Issue : | 4993.48 Cr |
| Offer For Sale : | 2741.51 Cr |
PowerGrid InvIT IPO Market Lot :
| Minimum Lot Size : | 1 Lot |
| Minimum Amount : | 110,000 |
| Minimum Shares : | 1100 Share |
| Maximum shares: | 1100 Share |
PowerGrid InvIT IPO Dates :
| Allotment Date : | 10 May 2021 |
| Refund Date : | 11 May 2021 |
| Share Credit Date : | 11 May 2021 |
| Listing Date : | 17 May 2021 |
PowerGrid InvIT IPO Form :
There are two ways to apply in Powergrid Invit IPO. You can apply for PowerGrid Invit IPO through ASBA available in your bank account. You have to go to your online bank login and select Powergrid Invite IPO in the Invest section and apply through your bank account. Another option is you can apply PowerGrid Invite IPO through IPO form download through NSE and BSE. See the Powergrid Invit Form – Download the NSE Form and BSE Form IPO Form, fill it and submit it to your bank or your broker.
Company Promoters :
■ Power Grid Corporation of India Limited
Quick Link :
PowerGrid InvIT IPO Lead Managers :
■ Axis Capital Limited
■ Edelweiss Financial Services Ltd
■ ICICI Securities Limited
■ HSBC Securities & Capital Market Pvt Ltd
PowerGrid InvIT IPO Registrar :
KFin Technologies Private Limited
(formerly known as Karvy Fintech Private Limited)
Selenium, Tower B, Plot No. – 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: https://karisma.kfintech.com/
Note: Check PowerGrid InvIT IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
POWERGRID Infrastructure Investment Trust
Plot No. 2,
Sector 29,
Gurgaon 122 001
Phone: +91 124 282 3177;
Email: [email protected]
Website: http://www.pginvit.in/
PowerGrid InvIT IPO FAQs :
What is PowerGrid InvIT IPO?
PowerGrid InvIT IPO is an InvIT IPO. They are going to raise ₹7734.99 Crores via IPO. The issue is priced at ₹99 to ₹100 per equity share. The IPO to be listed on BSE & NSE.
When PowerGrid InvIT IPO will open?
The IPO is to open on 29 Apr 2021 for QIB,& NII .
What is PowerGrid InvIT IPO Size?
PowerGrid InvIT IPO size is ₹7734.99 crores.
What is PowerGrid InvIT IPO Price Band?
PowerGrid InvIT IPO Price Band is ₹99 to ₹100.
What is PowerGrid InvIT IPO Minimum and Maximum Lot Size?
The minimum bid is 1100 Shares with ₹110000 amount while maximum bid is 1100 shares with ₹110000
What is PowerGrid InvIT IPO Investors Portion?
The investors’ portion for QIB-75%, NII-25%.
What is PowerGrid InvIT IPO Allotment Date?
PowerGrid InvIT IPO allotment date is 10 May 2021.
What is PowerGrid InvIT IPO Listing Date?
PowerGrid InvIT IPO listing date is 17 May 2021. The IPO to list on BSE and NSE.
How to Apply the PowerGrid InvIT IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “PowerGrid InvIT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the PowerGrid InvIT IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “PowerGrid InvIT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the PowerGrid InvIT IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “PowerGrid InvIT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the PowerGrid InvIT IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “PowerGrid InvIT IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
PowerGrid InvIT IPO GMP: Click Here
PowerGrid InvIT IPO Subscription Status: Click Here
PowerGrid InvIT IPO Allotment: Click Here
PowerGrid InvIT IPO Listing: Click Here
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