PowerGrid InvIT IPO Allotment Status – Check How to find Share Allocation

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PowerGrid InvIT IPO Allotment Date & Status: PowerGrid InvIT IPO allotment is likely to be finalized on 10 May 2021.

PowerGrid InvIT IPO Allotment is on is 10 May 2021 but the allotment might come on 11 May 2021. As per the subscription numbers, the basis of allotment PowerGrid InvIT IPO is 5:1 as the IPO subscribed 4.83 times in NII as retail subscribed in the NII quota (due to no retail quota). The IPO investors can check their PowerGrid InvIT IPO allotment status online on BSE Website, Karvy / KFintech website or they can check it via their bank account and demat login as well. Here are 4 steps from where PowerGrid InvIT IPO allotment can be checked online and offilne.

PowerGrid InvIT

#Step 1: How to check PowerGrid InvIT IPO Allotment at BSE?

  1. Log on to BSE Website – bseindia.com/investors/appli_check.aspx
  2. Select box ‘Equity’ in the issue type
  3. Select IPO Name ‘PowerGrid InvIT Limited’
  4. Type Your Application Number & PAN Number
  5. Click on ‘Search’ Button
  6. You will able to see your PowerGrid InvIT IPO Allotment on the screen (mobile / desktop).

#Step 2: How to check PowerGrid InvIT IPO Allotment at KFintech?

  1. Log on to KFintech IPO allotment linke – ris.kfintech.com/ipostatus/
  2. Select IPO Name ‘PowerGrid InvIT’ from drop down menu bar
  3. Select Option from PAN Number, Application Number or DP ID Option
  4. As per selection add  PAN Number, Application Number or Demat Account Number
  5. Click on ‘Search’ Button
  6. You will able to see your PowerGrid InvIT IPO Allotment on the screen (mobile / desktop).

#Step 3: How to check PowerGrid InvIT IPO Allotment in Demant Account?

  1. Call Your Broker or Login to Your Demat Account / Trading Account
  2. Check the stock is credited to your account or not
  3. If you got the allotment the credited shares will appear in the demat account

#Step 4: How to check PowerGrid InvIT IPO Allotment in Bank Account?

  1. Login to your Bank Account from which you applied the PowerGrid InvIT IPO
  2. Check the Balance Tab
  3. If you got the allotment the Amount will be debited
  4. If you did not get the allotment the Amount will be released

For information Please find PowerGrid InvIT IPO details given as below:

PowerGrid InvIT IPO Subscription Status

(Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.03x0.38x4.63x
NII / RII0.19x0.88x5.07x
Total0.10x0.61x4.83x

PowerGrid InvIT IPO Date & Price Band

 IPO Open: 29 April 2021
 IPO Close: 03 May 2021
 IPO Size: Approx ₹7735 Crores
 Face Value: ₹- Per Equity Share
 Price Band: ₹99 to ₹100 Per Share
 Listing on: BSE & NSE
 NII Portion: 25%
 Equity: – Shares

PowerGrid InvIT IPO Market Lot

 Minimum Lot Size: Minimum 1100 Shares
 Minimum Amount: ₹110000
 Maximum Lot Size: Maximum 1100 Shares
 Maximum Amount: ₹110000

PowerGrid InvIT IPO Allotment & Listing

 Basis of Allotment: 10 May 2021
 Refunds: 11 May 2021
 Credit to Demat Account: 11 May 2021
 Listing Date: 17 May 2021

PowerGrid InvIT IPO Allotment FAQs

When is PowerGrid InvIT IPO Allotment Date?

PowerGrid InvIT IPO Allotment date is 10 May 2021.

What will be PowerGrid InvIT IPO Refund Date?

The IPO refund date is 17 May 2021.

What is the chance to get the PowerGrid InvIT IPO Allotment?

The IPO allotment is based of the subscription. As per the retail / NII application received the basis of allotment will be around 5:1.

How to check the PowerGrid InvIT IPO Allotment?

Check PowerGrid InvIT IPO allotment via your PAN number, the application number, or amount deducted in your bank.

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