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PowerGrid InvIT IPO fully subscribed on final day
The IPO comprises a fresh issue of shares worth Rs 4,993.48 crore and offer for sale to the tune of Rs 2,741.50 crore by selling shareholders.
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PowerGrid InvIT IPO subscribed 61% on Day 2
The issue received bids for 25.81 crore units as against 42.54 crore units on offer.
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What is Infrastructure Investment Trust?
The main objective of InvITs is to promote the infrastructure sector by encouraging more individuals to invest in it
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IPO Alert: Power Grid to launch first InvIT public issue on April 29
ICICI Securities, Axis Capital, Edelweiss Financial Services and HSBC Securities and Capital Markets (India) are the book running lead managers to the
