Details of POWERGRID Infrastructure Investment Trust – Powergrid InvIT Limited IPO Details , Price, GMP, Review, Allotment

Check POWERGRID Infrastructure Investment Trust – Powergrid InvIT Limited IPO Details Share Price, grey market premium and review in Finance article section on e akhabaar

Powergrid InvIT IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Powergrid InvIT

Powergrid InvIT owns, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Powergrid InvIT registered with SEBI as an InvIT on

January 7, 2023. The compnay sponsor, Power Grid Corporation of India Limited, also acting in the capacity of the Project Manager, is a CPSE under the Ministry of Power, GoI and is listed on BSE and NSE

Powergrid InvIT IPO Price – Details

Description Details
Public Issue Public issue of 5,58,000 equity shares
Issue Period  29-Apr-2023 to 03-May-2023
Issue Type Book Built
IPO Price Band ₹ 99 to ₹ 100
Face Value  ₹ 10
Market Lot  1100 Equity Shares and in multiples thereof
Minimum Order Quantity  1100 Equity Shares
Maximum Subscription Amount for Retail Investor Rs. 2,00,000
Listing  BSE,NSE
NSE Symbol
IPO Market Timings  10.00 a.m. to 5.00 p.m.

Powergrid InvIT IPO Lot Size

Application Lots No of Shares Amount (Rs)
Minimum 1 1100         1,10,000
Maximum 1 1100         1,10,000

Powergrid InvIT IPO Lead Managers

  • ICICI Securities Limited
  • Axis Capital Limited
  • Edelweiss Financial Services Limited
  • HSBC Securities and Capital Markets (India) Private Limited

Powergrid InvIT Registrar

  • KFin Technologies Private Limited

Powergrid InvIT IPO Allotment Date, Listing Date and other Important Dates

Details Date
Bid / Offer Opens on 29-Apr-21
Bid / Offer Closes on 03-May-21
Finalisation of Basis of Allotment 10-May-21
Initiation of refunds  11-May-21
Credit of the Equity Shares 11-May-21
Commencement of trading – Listing 17-May-21

Powergrid InvIT IPO DRHP & RHP

Powergrid InvIT IPO – FAQS

When Powergrid InvIT IPO will open ?

The Powergrid InvIT IPO opens on Apr 29, 2023 and closes on May 03, 2023

What is the lot size of Powergrid InvIT IPO ?

Powergrid InvIT IPO lot size is 1100 Shares and the minimum order quantity is 1100 Shares.

What is the price band for Powergrid InvIT IPO ?

The Powergrid InvIT IPO price band at Rs.99 to Rs.100 per share

Who is the Registrar for Powergrid InvIT IPO ?

The Registrar is KFin Technologies Private Limited

How to apply in Powergrid InvIT IPO through UPI?

Check the step by step process here – Click here

Post your comments and queries about POWERGRID Infrastructure Investment Trust – Powergrid InvIT Limited IPO Details below.