Powergrid Invit Listing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of PowerGrid Infrastructure Investment Trust listed with a premium of 4 per cent on Friday against its issue price of Rs 100. The stock made its debut at Rs 104, registering a gain of 4 per cent on the BSE. It further jumped 4.97 per cent to Rs 104.97 as the trade progressed. At the NSE, it listed at Rs 104, with a premium of 4 per cent. Earlier this month, the initial public offer of PowerGrid Infrastructure Investment Trust was subscribed 4.83 times. Price range for the offer was at Rs 99-100 per unit. PowerGrid Infrastructure Investment Trust (PowerGrid InvIT) is owned by state...

NEW DELHI: The initial public offering (IPO) of infrastructure investment trust (InvIT), sponsored by the Power Grid Corporation of India, sailed through on the third day of the bidding process on Monday. The issue was subscribed 1.51 times by 12:30 pm. The issue received bids for 64,31,18,300 units against 42,54,25,000 units on offer for subscription. Quota for HNIs was subscribed 2 times and for QIBs 1 time. The issue had been subscribed only 61 per cent till the end of Day 2. Most analysts believe investors should subscribe to the issue as it offers prospects of lucrative and consistent yi...

Most analysts say investors should subscribe to the issue as it offers prospects of lucrative and consistent yields.