IndiGrid InvIT Fund IPO

IndiGrid InvIT Fund

Issue Open

May 17, 2017

Price Band

₹ 98 - ₹ 100

Issue Size

₹ 2,250.00 Cr

Credit of Shares to Demat

-

Issue Close

May 19, 2017

Bid Lot

10205

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

10205

Allotment Details

-

Face Value

Rs 100 Per Equity Share

Listing On

Jun 06, 2017

Refunds

-

About the company:

IndiGrid InvIT Fund is an infrastructure investment trust which was initiated to own inter-state power transmission assets in India. The company will acquire two projects having a total network of 8 power transmission lines covering 1936 ckms across 4 states.

Date of establishment: IndiGrid InvIT Fund was established in 2016.  

Product & Service Offering: IndiGrid InvIT Fund is focused on providing stable and sustainable distribution. The sponsor of the company is engaged in bid, finance, construction and maintenance of power transmission projects in India.

Promoters of IndiGrid InvIT Fund:  Sterlite Power Grid Ventures Limited is the promotor of the firm.

Customer segment: The company offers its services to the unitholders.

Objects of the Issue:

The objects of the issue are:
-       Loan to BDTCL and JTCL for repayment of debt from banks
-       Repayment of short term, long term liabilities and capital expenditure creditors

 

Company Financials:

Particulars

For the year/period ended (in Rs. Million)

 

31-Mar-17

31-Mar-16

31-Mar-15

Total Assets

     

Total Revenue

4731.0

3564.0

690.0

Profit After Tax

(3011.0)

(784.0)

(472.0)

 

 

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