URL copied PowerGrid InvIT IPO: Subscription opens on Thursday; check price band and more 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. Power Grid Infrastructure Investment (PowerGrid InvIT) is owned by state-run Power Grid Corporation of India. This will be the first Infrastructure Investment Trust (InvIT) in the country to be floated by a public sector company.