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The basis of allotment for POWERGRID InvIT InvIT is available now.
The POWERGRID InvIT InvIT allotment status will be available on Monday, May 10, 2021, as per the timeline provided in the red-herring prospectus.
Below are the steps to check POWERGRID Infrastructure Investment Trust IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of POWERGRID InvIT InvIT depends on many factors including demand, nature of the business, market environment, and state of the economy. The POWERGRID InvIT InvIT grey market premium gives some hint but the actual Listing price is difficult to guess.
POWERGRID Infrastructure Investment Trust IPO IPO allotment status is expected on Monday, May 10, 2021. Click the green button POWERGRID Infrastructure Investment Trust IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If POWERGRID InvIT InvIT oversubscribed in the retail category, the POWERGRID InvIT InvIT shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The POWERGRID Infrastructure Investment Trust listing date is May 14, 2021. The equity shares of POWERGRID Infrastructure Investment Trust will list on BSE, NSE.
The reason you didn't get the POWERGRID InvIT InvIT could be:
RHP