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    543290   INE0GGX23010

POWERGRID INFRASTRUCTURE INVESTMENT TRUST

(543290)
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PowerGrid Infrastructure Reportedly IPO Likely to Open Next Week

04/22/2021 EST

PowerGrid Infrastructure Investment Trust is likely to launch its initial public offering at the end of April 2021, two people aware of the development told Mint. This will be the first time a state owned entity is monetizing its infrastructure assets through the InvIT route. This will also be only the third InvIT to be listed in the Indian markets, after IRB InvIT and India Grid Trust both of which went public in 2017. A spokesperson for PowerGrid could be immediately reached for a comment. ICICI Securities, Axis Capital, Edelweiss Financial Services and HSBC Securities and Capital Markets India are the lead managers to the issue.


ę S&P Capital IQ 2021
All news about POWERGRID INFRASTRUCTURE INVESTMENT TRUST
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04/22PowerGrid Infrastructure Reportedly IPO Likely to Open Next Week
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04/22Powergrid Infrastructure Investment Trust Reports Earnings Results for the Nine Months ..
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Financials
Sales 2020 13 340 M 178 M 178 M
Net income 2020 3 788 M 50,4 M 50,4 M
Net Debt 2020 51 369 M 684 M 684 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 255 B 3 395 M 3 395 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float -
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