India Grid Trust InvIT IPO Review:
As per the IRB InvIT Fund this will be another bigger investment for retailers and QIB. The things are very clear that IRB premium shows a way to India Grid Trust InvIT to appear in the primary market. Still a big bet and its risky as the investment is over 10 Lakh rupees for minimum application.
IndiGrid Trust InvIT IPO Rating:
- CRISIL: AAA/stable
- ICRA: “IrAAA”/Stable
- India Ratings: IND”AAA”/Stable
- IPO Open: 17 May 2017
- IPO Close: 19 May 2017
- IPO Size: Approx Rs. 2250 Crores
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 98 to 100 Per Share
- Listing on: BSE & NSE
India Grid Trust InvIT IPO Market Lot:
- Shares: Apply for 10,205 Shares (Minimum Lot Size) (Then 5,103 onwards)
- Amount: Rs.10,20,500
IndiGrid Trust InvIT IPO Allotment & Listing: (Expected Not Confirmed)
- Basis of Allotment:
- Refunds:
- Credit to demat accounts:
- Listing:
Company Promoters:
- Sterlie Group
Quick Links:
DRHP Draft Prospectus
India Grid Trust InvIT Financial:
| FY2015 | FY2016 | FY2017 | ||
| Total revenue | 69.0 | 356.3 | 473.0 | |
| EBITDA | 53.7 | 315.5 | 428.1 | |
| Profit after tax | -47.3 | -78.3 | -301.1 | |
India Grid Trust InvIT IPO Registrar:
Karvy Computershare Private Limited
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.karvycomputershare.com
India Grid Trust InvIT IPO Lead Managers:
- Citigroup Global Markets India Private Limited
- Edelweiss Capital Limited
- Morgan Stanley India Company Pvt Ltd
India Grid Trust
F-1, The Mira Corporate Suites,
1 & 2, Ishwar Nagar, Mathura Road
New Delhi 110 065
Phone: +91 11 4996 2200
Fax: +91 11 4996 2288
Email: [email protected]
Website: www.indigrid.co.in
