Powergrid InvIT IPO Date, Details, Price, Review

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%.

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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
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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

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