IndiGrid to list its NCDs on May 10
May 09, 2021
They will be available on both NSE and BSE
India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT), which had raised ₹1,000 crore through a public issue of non-convertible debentures (NCD) last week, is set to list it on both BSE and NSE on Monday.
The country’s first power sector InVIT, which was backed by global investors such as Kohlberg Kravis Roberts & Co and Government Of Singapore Investment Corporation (GIC), had opened the issue for subscription on April 28 and closed on April 30, ahead of schedule close of May 5.
IndiGrid owns assets worth ₹20,000 crore in 13 power transmission assets located across 17 States and one Union Territory.