Page 51 - ரியல் எஸ்டேட் முதலீடு அறக்கட்டளைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Power Grid InvIT IPO: What should investors know before investing? File photo Power Grid Infrastructure Investment Trust has fixed a price band of Rs 99-100 per unit for its Rs 7,735 crore initial share sale, which will open for public subscription on April 29. The issue will close on May 3 and the bidding for anchor investors will open on April 28, according to the company s statement on Monday. Free Press Journal had reported that the state-run Power Grid Corporation was likely to launch its first-ever InvIT (infrastructure investment trust) IPO next week, quoting news reports. Here s what investors should know: The IPO by a state-owned firm on April 29 will be a landmark deal for the Indian capital markets. Earlier in 2017, IRB InvIT and India Grid Trust went public.

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