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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 as against 42,54,25,000 units on offer, as per the National Stock Exchange of India (NSE) website data. The issue was subscribed 4.83 times. The institutional investors category, comprising foreign institutional investors, domestic financial institutions, mutual funds, was subscribed 4.63 times. The other investors category, which includes corporates, individuals investors and others, was subscribed 5.07 times. The issue opened for bidding on Thursday, 29 April 2021 and it closed on Monday, 3 May 2021. The price band of the IPO was fixed at Rs 99-100.

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