IndiGrid InvIT Fund

Incorporated in 2016, IndiGrid InvIT Fund is an infrastructure investment trust (“InvIT”) established to own inter-state power transmission assets in India. They are focused on providing stable and sustainable distributions to their Unitholders.
Sterlite Power Grid Ventures Ltd, sponsor of IndiGrid InvIT Fund is one of the leading independent power transmission companies operating in the private sector, with extensive experience in bidding, designing, financing, constructing and maintaining power transmission projects across India.
Company’s sponsor owns 11 inter-state power transmission projects with a total network of 30 power transmission lines of approximately 7,733 ckms and nine substations having 13,890 MVA of transformation capacity. Some of these projects have been fully commissioned, while others are at different stages of development. They recently won bids for two transmission projects in Brazil,
Of the 11 inter-state power transmission projects owned by the Sponsor, they will initially acquire two projects with a total network of eight power transmission lines of 1,936 ckms and two substations having 6,000 MVA of transformation capacity across four states (the “Initial Portfolio Assets”).

IndiGrid InvIT Fund Details

Issue TypeBook Built Issue IPO
Face Value₹100 per equity share
IPO Price₹98 to ₹100 per equity share
Market Lot10205 Shares
Min Order Quantity10205 Shares
Listing AtBSE, NSE
BSE Script Code540565
NSE SymbolINDIGRID
ISININE219X23014
Issue SizeAggregating up to ₹2,250.00 Cr

IndiGrid InvIT Fund IPO Tentative Timetable

PARTICULARDATE
IPO Opening Date14-Jun-17
IPO Closing Date16-Jun-17
Listing DateTuesday, June 27, 2017

IndiGrid InvIT Fund Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum110205₹1,020,500
Maximum00 

IPO Allotment Status

Please Click Hare To Check IPO Allotment Status For IndiGrid InvIT Fund

Objects of the Issue:

The object of the issue are to:

  1. providing loan to BDTCL and JTCL for repayment or pre-payment of debt (including any accrued interest and any applicable penalties) of banks, financial institutions, SGL1, SGL2;
  2. repayment of any other long term and short term liabilities and capital expenditure creditors.

Registrar & Company Details

Company Contact InformationIndiGrid InvIT Fund Registrar
IndiGrid InvIT Fund
F-1, The Mira Corporate Suites,
1 & 2, Ishwar Nagar,
Mathura Road, New Delhi 110 065
Phone: +91 11 4996 2200
Email: complianceofficer@indigrid.co.in
Websitehttp://www.indigrid.co.in
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.
Phone: 1-800-3454001
Email: indigrid.invit@karvy.com
Websitehttps://karisma.kfintech.com/

Related posts

Leave a Comment