Wednesday, May 17, 2017

India Grid Trust InvIT IPO

ISSUE STRUCTURE

Issuer
India Grid Trust InvIT IPO

Issue Type
100% Book Built Issue IPO

Issue Size (Rs):
Up to Rs. 2,250 crores.
Anchor Portion: Up to Rs. 1012.50 crores
Balance Institutional Size: Up to Rs. 675 crores
HNI Tranche: Rs. 562.50 crores

Price Band:
Rs.98/- to Rs.100/- per equity share

Bit Lot:
10,205 units and in multiples of 5,103 units thereafter

Listing:
BSE, NSE

Offer Opens on
Wednesday, May 17, 2017

Offer Closes on
Friday, May 19, 2017

Company Profile
India Grid Trust is an infrastructure investment trust (“InvIT”) established to own inter-state power transmission assets in India. IndiGrid was established on October 21, 2016 by the Sponsor, Sterlite Power Grid Ventures Limited, and is registered with SEBI pursuant to the InvIT Regulations.
The Sponsor 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.

Investor Category Allocation
QIB: 75% of the issue size (16,87,50,000 units*)

HNI: 25% of the issue size(5,62,50,000 Units*)


(*upper price band)

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