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NHAI was conceived as an organisation with only a core team to take decisions … all other activities are outsourced: Chairman

›NHAI was conceived as an organisation with only a core team to take decisions … all other activities are outsourced: Chairman NHAI was conceived as an organisation with only a core team to take decisions … all other activities are outsourced: Chairman SECTIONS NHAI was conceived as an organisation with only a core team to take decisions … all other activities are outsourced: ChairmanBy Share Synopsis Chairman of National Highways Authority of India, SS Sandhu said, despite losing the best construction months to Covid-related lockdown, NHAI constructed 4,192 km of NHs last year and this is the highest ever highway construction achieved in a financial year by us.

PowerGrid InvIT IPO subscribed 4 83 times

The issue received bids for 205.40 crore units as against 42.54 crore units on offer. The initial public offer (IPO) of POWERGRID Infrastructure Investment Trust (PowerGrid InvIT) received bids for 2,05,40,48,700 units today, 3 May 2021, as against 42,54,25,000 units on offer, as per the National Stock Exchange of India (NSE) website data at 17:00 IST. The issue was subscribed 4.83 times. The issue opened for bidding on Thursday, 29 April 2021 and it will close today, 3 May 2021. The price band of the IPO was fixed at Rs 99-100. The IPO of units in PowerGrid InvIT consisted of a fresh issue of units aggregating upto Rs 4993.48 crore and an offer for sale of units aggregating upto Rs 2741.50 crore by Power Grid Corporation of India.

PowerGrid InvIT IPO subscribed 61%

The issue received bids for 25.81 crore units as against 42.54 crore units on offer. The initial public offer (IPO) of POWERGRID Infrastructure Investment Trust (PowerGrid InvIT) received bids for 25,81,63,400 units today, 30 April 2021, as against 42,54,25,000 units on offer, as per the National Stock Exchange of India (NSE) website data at 17:00 IST. The issue was subscribed 0.61 times. The issue opened for bidding on Thursday, 29 April 2021 and it will close on Monday, 3 May 2021. The price band of the IPO is fixed at Rs 99-100. An investor can bid for a minimum of 1,100 units and in multiples thereof. The IPO of units in PowerGrid InvIT consists of a fresh issue of units aggregating upto Rs 4993.48 crore and an offer for sale of units aggregating upto Rs 2741.50 crore by Power Grid Corporation of India.

PowerGrid InvIT IPO subscribed 10%

The issue received bids for 4.32 crore units as against 42.54 crore units on offer. The initial public offer (IPO) of POWERGRID Infrastructure Investment Trust (PowerGrid InvIT) received bids for 4,32,42,100 units today, 29 April 2021, as against 42,54,25,000 units on offer, as per the National Stock Exchange of India (NSE) website data at 17:00 IST. The issue was subscribed 0.10 times. The issue opened for bidding on Thursday, 29 April 2021 and it will close on Monday, 3 May 2021. The price band of the IPO is fixed at Rs 99-100. An investor can bid for a minimum of 1,100 units and in multiples thereof. The IPO of units in PowerGrid InvIT consists of a fresh issue of units aggregating upto Rs 4993.48 crore and an offer for sale of units aggregating upto Rs 2741.50 crore by Power Grid Corporation of India.

PowerGrid InvIT IPO subscribed 10% on Day 1

PowerGrid InvIT IPO subscribed 10% on Day 1 PowerGrid InvIT IPO subscribed 10% on Day 1 The initial public offer of PowerGrid Infrastructure Investment Trust was subscribed 10 per cent on Thursday, the first day of subscription. The issue received bids for 4,32,42,100 units against 42,54,25,000 units on offer, as per NSE data. Institutional investors category was subscribed 3 per cent and those for other investors 19 per cent. 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. The price range for the offer, which will close on May 3, is Rs 99-100 per unit.

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