IndiGrid InvIT InvIT Subscription Details

Bookbuilding InvIT | ₹2,250 Cr | Listed at BSE, NSE | Wed, May 17, 2017 - Fri, May 19, 2017

Basis of Allotment - IndiGrid InvIT InvIT

Category QIB NII Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,75,02,48410,12,43,52016,87,46,0045,62,50,36922,49,96,373
Allotment price (Rs.)100100100100100
No.of applications1119304,0824,112
No.of shares applied7,82,28,99010,19,27,32218,01,56,3126,17,46,30024,19,02,612
Amount collected (Rs.cr.)782.29 1,019.27 1,801.56 617.46 2,419.03
No.of times subscribed1.161.011.071.101.08
No.of shares allotted6,75,02,48410,12,43,52016,87,46,0045,62,50,36922,49,96,373
Amount (Rs.cr.)675.02 1,012.44 1,687.46 562.50 2,249.96
No.of allottees111930-30

InvIT Shares Offered

IndiGrid InvIT InvIT is a public issue of 22.50 Cr equity shares. The issue offers 0.00 Cr shares to retail investors, 16.87 Cr shares to qualified institutional buyers, and 5.63 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 16,87,46,0041,687.46 75.00%
    Anchor 10,12,43,520 1,012.44 45.00%
    QIB (Ex Anchor) 6,75,02,484 675.02 30.00%
NII 5,62,50,369562.50 25.00%
Total22,49,96,3732,249.96 100%

IndiGrid InvIT InvIT Anchor Investor Allocation

A total of 10,12,43,520 shares at a price of Rs 100 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 16, 2017
Anchor investor price₹100.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days5,06,21,760
No. of shares locked-in for 90 days5,06,21,760
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,08,50,858 208.51 20.59 9.27
2 CREDIT SUISSE (SINGAPORE) LTD. CREDIT SUISSE 6,48,081 6.48 0.64 0.29
3 DEUTSCHE GLOBAL INFRASTRUCTURE FUND DEUTSCHE 1,71,56,286 171.56 16.95 7.63
4 DISCOVERY CAPITAL MANAGEMENT LLC DISCOVERY CAPITAL MANAGEMENT LLC 52,45,884 52.46 5.18 2.33
5 DRIEHAUS EMERGING MARKETS SMALL CAP GROWTH FUND,A SERIES OF DRIEHAUS MUTUAL FUNDS DRIEHAUS 29,95,461 29.95 2.96 1.33
6 DSP EQUITY SAVINGS FUND DSP MUTUAL FUND 38,52,765 38.53 3.81 1.71
7 DSP REGULAR SAVINGS FUND DSP MUTUAL FUND 19,39,140 19.39 1.92 0.86
8 EDELWEISS TOKIO LIFE INSURANCE CO.LTD.-LIFE NON PAR FUND EDELWEISS TOKIO LIFE INSURANCE 18,01,359 18.01 1.78 0.80
9 EDELWEISS TOKIO LIFE INSURANCE CO.LTD.-SHAREHOLDINGS FUND-BEYOND SOLVENCY MARGIN EDELWEISS TOKIO LIFE INSURANCE 11,94,102 11.94 1.18 0.53
10 FUTURE FUND BOARD OF GUARDIANS MANAGED BY STATE STREET GLOBAL ADVISORS FUTURE FUND BOARD OF GUARDIANS 78,43,311 78.43 7.75 3.49
11 COPTHALL MAURITIUS INVESTMENT LTD. COPTHALL 6,68,493 6.68 0.66 0.30
12 JUPITER INDIA FUND JUPITER 64,96,119 64.96 6.42 2.89
13 KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LTD. KOTAK LIFE INSURANCE 49,95,837 49.96 4.93 2.22
14 RELIANCE GENERAL INSURANCE CO.LTD. RELIANCE GENERAL INSURANCE 19,95,273 19.95 1.97 0.89
15 RELIANCE NIPPON LIFE INSURANCE CO.LTD.-SHAREHOLDERS BEYOND SOLVENCY MARGIN RELIANCE NIPPON LIFE INSURANCE 74,96,307 74.96 7.40 3.33
16 SCHRODER ASIAN INCOME FUND SCHRODER 1,34,97,435 134.97 13.33 6.00
17 UBS PRINCIPAL CAPITAL ASIA LTD. UBS 25,66,809 25.67 2.54 1.14
10,12,43,5201,012.4410045.00

InvIT Subscription FAQs

The IndiGrid InvIT InvIT is subscribed 1.35 times by May 19, 2017 17:00.

IndiGrid InvIT InvIT Subscription

Investor Category Subscription (times)
Qualified Institutional1.14
Others1.6
Total Subscription1.35

Retail category of IndiGrid InvIT InvIT subscribed times as of date May 19, 2017 17:00. The public issue closes on Fri, May 19, 2017 for bidding.

An investor can apply in IndiGrid InvIT InvIT online via bank (using ASBA) or the broker (using UPI). The IndiGrid InvIT InvIT shares are offered online only.

The IndiGrid InvIT InvIT is subscribed 1.35 times by May 19, 2017 17:00.

The IndiGrid InvIT InvIT allotment status is expected on or around Tuesday, May 16, 2017. Visit IndiGrid InvIT InvIT allotment status to check.

The IndiGrid InvIT InvIT listing date is June 6, 2017. The equity share of IndiGrid InvIT InvIT will list on BSE, NSE.

Visit IndiGrid InvIT InvIT subscription status page for real-time bidding information about IndiGrid InvIT InvIT.

IndiGrid InvIT InvIT Timetable

IPO opens OnWednesday, May 17, 2017
IPO Closes OnFriday, May 19, 2017
Finalisation of Basis of AllotmentTuesday, May 16, 2017
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, June 6, 2017
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