Page 4 - வழி நடத்து மேலாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from வழி நடத்து மேலாளர்கள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In வழி நடத்து மேலாளர்கள் Today - Breaking & Trending Today

POWERGRID InvIT Rs 5K cr IPO opens on April 29


POWERGRID InvIT Rs 5K cr IPO opens on April 29
​ By
IANS
|
​ 7 Views
Power demand. (File Photo: IANS). Image Source: IANS News
Mumbai, April 26 : The initial public offering (IPO) of units of POWERGRID Infrastructure Investment Trust ( POWERGRID InvIT ), an InvIT set-up to own, construct, operate, maintain and invest in infrastructure and power transmission assets in India, will open on Thursday, April 29, 2021 at a price band of Rs 99 to Rs 100.
The offer closes on Monday May 3, 2021. POWERGRID InvIT is issuing Units aggregating up to Rs 4,993.484 crore and the Selling Unitholder is offering Units aggregating up to Rs 2,741.508 crore.
As per the schedule, the Anchor Investor Bidding Date shall be one Working Day prior to the Bid/Offer Opening Date i.e. April 28, 2021. ....

Uttar Pradesh , Axis Capital , Edelweiss Financial Services , Power Grid Corporation Of India , Infrastructure Investment Trust , Unchahar Transmission , Trusteeship Services , Capital Markets India Private , Investment Trust , Monday May , Selling Unitholder , Anchor Investor Bidding Date , Working Day , Offer Opening Date , Net Proceeds , Initial Portfolio Assets , Book Building Process , Institutional Investors , Investment Manager , Lead Managers , Institutional Investor Portion , Anchor Investors , Non Institutional Investors , Services Limited , Power Grid Corporation , India Limited ,

Power Grid launches PGInvIT, could offer 18 more assets in future


State-owned largest power transmission company Power Grid Corporation of India (PGCIL) launched its Infrastructure Investment Trust (InvIT), becoming the first public sector company to do so.
After IndiGrid and IRB InvIT fund, Power Grid InvIT (PGInvIT) will be the third publicly listed InvIT in the country and second in the power transmission sector.
PGInvIT has offered a price band of Rs 99-100 per unit for the public issue. The issue will open on April 29 and close on May 3. The InvIT will raise Rs 4,993.5 crore as fresh issuance and PGCIL is also providing an offer for sale of Rs 2,742 crore of existing units. PGCIL has offered five ‘initial portfolio assets’ at an enterprise value of Rs 10,384 crore for the proposed PGInvIT. ....

Uttar Pradesh , Andhra Pradesh , Kala Amb , Himachal Pradesh , Vizag Transmission Limited Rs , Power Grid Corporation Of India , Unchahar Transmission , Capital Markets India Private , Kala Amb Transmission Limited Rs , Warora Transmission Limited Rs , Edelweiss Financial Services , Axis Capital , Infrastructure Investment Trust Inv , Parli Transmission Limited Rs , Trusteeship Services , Power Grid Corporation , Infrastructure Investment Trust , Power Grid , Services Limited , Transmission Limited , Investment Manager , Lead Managers , Axis Capital Limited , Edelweiss Financial Services Limited , Capital Markets , Union Cabinet ,