Read Power Grid fixes InvIT IPO Issue price available as Rs 99- Rs 100 Per Share Find Out complete Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar
The energy sector company PowerGrid IPO Price Band is available at Rs 99 and Rs 100. According to the sources, PowerGrid InvIT IPO will be open on April 29, 2023, and IPO last is May 3, 2023. While anchor investors will start bidding on April 28. Here is the complete information about how you can buy this Public Issue. To know the brief details detailed review about the PowerGrid InvIT IPO you can follow this link.
Earlier this month filed the DRHP papers and now it is confirmed that IPO will be issued on 29 April. Through this Initial Public, Offer the company will raise up to Rs 4,995 crore by selling new units of the trust. While the report said that the company will sell shares of almost worth Rs 8,000 crore.
This Initial Public offer will list on the stock market first time and it will be the third InvIT to be listed on the stock market after the IRB InvIT and India Grid Trust which was listed on stock markets in 2017.
Recently, the reports said that National Highway Authority of India (NHAI) planning to raise almost Rs 10,000 crore through InvIT and active sources.
The Issue Price has been confirmed today and buyers can buy the share at a price of Rs 99 – Rs 100. While on the other side, the minimum lot size not yet defined by the company and it still needs some details to be confirmed.
Post your comments and queries about GMP of Power Grid fixes InvIT IPO Issue price available as Rs 99- Rs 100 Per Share Find Out complete Details below.