Powergrid InvIT founded in 1989 by Power Grid Corporation of India Limited Investment Manager of Powergrid InvIT – Powergrid Unchahar Transmission Limited are the company promoters.
Powergrid InvIT IPO description – Powergrid InvIT was set-up to own, construct, operate, maintain and invest in power transmission assets in India. Its sponsor and project manager, Power Grid Corporation of India Limited is a Maharatna CPSE. As of 1 November 2020, Power Grid was the largest power transmission company in India in terms of length of transmission lines measured in circuit kilometres (ckm). As of 31 August 2020, the sponsor’s share in India’s cumulative inter-regional power transfer capacity was more than 85%.
Check – Powergrid InvIT IPO Grey market premium
| Powergrid InvIT IPO details | |
| Subscription Dates | 29 April – 3 May 2021 |
| Price Band | 99-100 INR per share |
| Total IPO size | 7,734.99 INR crore |
| Minimum bid (lot size) | 1100 shares |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
| Powergrid InvIT IPO Market Lot | |
| Minimum Lot Size | 1100 Shares |
| Amount | 1,10,000 Rs |
| Maximum Lot Size | 1100 Shares |
| Maximum Amount | 1,10,000 Rs |
| Powergrid InvIT IPO Allotment details | |
| Allotment Date | 10 May 2021 |
| Initiation of refunds | 11 May 2021 |
| Transfer of shares to Demat accounts | 11 May 2021 |
| Listing Date | 17 May 2021 |
| Check Allotment Status | Click here |
Powergrid InvIT Contact Details
Powergrid Infrastructure Investment Trust
Plot No. 2,
Sector 29,
Gurgaon 122 001
Phone: +91 124 282 3177
Email: [email protected]
Website: www.pginvit.in
Registrar of Powergrid InvIT IPO
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: [email protected]
Website: www.kfintech.com