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POWERGRID InvIT InvIT Subscription Details

Bookbuilding InvIT | ₹7,735 Cr | Listed at BSE, NSE | Thu, Apr 29, 2021 - Mon, May 3, 2021

Basis of Allotment - POWERGRID InvIT InvIT

Category QIB NII Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)23,20,49,40034,80,74,10058,01,23,50019,33,75,60077,34,99,100
Allotment price (Rs.)100100100100100
No.of applications1344718142,61742,798
No.of shares applied1,10,69,11,30034,95,97,6001,45,65,08,90089,38,12,7002,35,03,21,600
Amount collected (Rs.cr.)11,069.11 3,495.98 14,565.09 8,938.13 23,503.22
No.of times subscribed4.771.002.514.623.04
No.of shares allotted23,20,49,40034,80,74,10058,01,23,50019,33,75,60077,34,99,100
Amount (Rs.cr.)2,320.49 3,480.74 5,801.24 1,933.76 7,734.99
No.of allottees1324717915,42815,607

InvIT Shares Offered

POWERGRID InvIT InvIT is a public issue of 77.35 Cr equity shares. The issue offers 0.00 Cr shares to retail investors, 58.01 Cr shares to qualified institutional buyers, and 19.34 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 58,01,23,5005,801.24 75.00%
    Anchor 34,80,74,100 3,480.74 45.00%
    QIB (Ex Anchor) 23,20,49,400 2,320.49 30.00%
NII 19,33,75,6001,933.76 25.00%
Total77,34,99,1007,734.99 100%

POWERGRID InvIT InvIT Anchor Investor Allocation

A total of 34,80,74,100 shares at a price of Rs 100 per share will be allotted to the anchor investors.

Anchor investors bid opening datenull
Anchor investor price₹100.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days17,40,37,050
No. of shares locked-in for 90 days17,40,37,050

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CPP INVESTMENT BOARD PRIVATE HOLDINGS (4) INC. CPP 7,99,99,700 800.00 22.98 10.34
2 CAPITAL INCOME BUILDER CAPITAL GROUP 4,00,00,400 400.00 11.49 5.17
3 SBI MAGNUM CHILDREN'S BENEFIT FUND SBI MUTUAL FUND 3,00,300 3.00 0.09 0.04
4 SBI EQUITY HYBRID FUND SBI MUTUAL FUND 3,77,00,300 377.00 10.83 4.87
5 SBI MULTI ASSET ALLOCATION FUND SBI MUTUAL FUND 14,00,300 14.00 0.40 0.18
6 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 5,99,500 6.00 0.17 0.08
7 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 1,41,60,300 141.60 4.07 1.83
8 HDFC CREDIT RISK DEBT FUND HDFC MUTUAL FUND 1,06,19,400 106.19 3.05 1.37
9 HDFC EQUITY SAVINGS FUND HDFC MUTUAL FUND 42,48,200 42.48 1.22 0.55
10 HDFC VALUE FUND HDFC MUTUAL FUND 28,31,400 28.31 0.81 0.37
11 HDFC MULTI-ASSET FUND HDFC MUTUAL FUND 17,69,900 17.70 0.51 0.23
12 HDFC HYBRID EQUITY FUND HDFC MUTUAL FUND 53,09,700 53.10 1.53 0.69
13 HDFC HOUSING OPPORTUNITIES FUND HDFC MUTUAL FUND 10,61,500 10.62 0.31 0.14
14 SBI NPS TRUST-SBI PENSION FUND SCHEME-STATE GOVT. SBI NPS TRUST 1,98,00,000 198.00 5.69 2.56
15 SBI NPS TRUST-SBI PENSION FUND SCHEME-CENTRAL GOVT. SBI NPS TRUST 97,29,500 97.30 2.80 1.26
16 SBI NPS TRUST-SBI PENSION FUND SCHEME-CORPORATE CG SBI NPS TRUST 29,70,000 29.70 0.85 0.38
17 SCHRODER ASIAN ASSET INCOME FUND SCHRODER 91,56,400 91.56 2.63 1.18
18 SCHRODER ASIAN INCOME SCHRODER 83,43,500 83.44 2.40 1.08
19 FIDELITY FUNDS-ASIA FOCUS FUND FIDELITY 88,96,800 88.97 2.56 1.15
20 FIDELITY FUNDS-ASIA PACIFIC DIVIDEND FUND FIDELITY 28,73,200 28.73 0.83 0.37
21 FIDELITY INVESTMENT FUNDS-FIDELITY ASIAN DIVIDEND FUND FIDELITY 6,91,900 6.92 0.20 0.09
22 FIDELITY INVESTMENT FUNDS ICVC-FIDELITY EMERGING ASIA FUND FIDELITY 5,37,900 5.38 0.15 0.07
23 TATA AIG GENERAL INSURANCE CO.LTD. TATA AIG GENERAL INSURANCE 1,29,99,800 130.00 3.73 1.68
24 TATA AIA LIFE INSURANCE CO.LTD.-NON-UNIT LINKED LIFE POLICY HOLDERS FUND PARTICIPATING TATA AIA LIFE INSURANCE 1,19,99,900 120.00 3.45 1.55
25 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 1,00,00,100 100.00 2.87 1.29
26 ICICI PRUDENTIAL BALANCED ADVANTAGE FUND ICICI PRUDENTIAL MUTUAL FUND 84,99,700 85.00 2.44 1.10
27 TATA SMALL CAP FUND TATA MUTUAL FUND 16,99,500 17.00 0.49 0.22
28 TATA INFRASTRUCTURE FUND TATA MUTUAL FUND 6,99,600 7.00 0.20 0.09
29 TATA FLEXI CAP FUND TATA MUTUAL FUND 8,50,300 8.50 0.24 0.11
30 TATA LARGE CAP FUND TATA MUTUAL FUND 5,99,500 6.00 0.17 0.08
31 TATA RETIREMENT SAVINGS FUND-MODERATE PLAN TATA MUTUAL FUND 8,50,300 8.50 0.24 0.11
32 TATA MULTI ASSET ALLOCATION FUND TATA MUTUAL FUND 3,00,300 3.00 0.09 0.04
33 MAX LIFE INSURANCE CO.LTD.-PARTICIPATING FUND MAX LIFE INSURANCE 47,00,300 47.00 1.35 0.61
34 PNB METLIFE INDIA INSURANCE CO.LTD. PNB METLIFE INDIA INSURANCE 39,99,600 40.00 1.15 0.52
35 ICICI LOMBARD GENERAL INSURANCE CO.LTD. ICICI LOMBARD GENERAL INSURANCE 39,99,600 40.00 1.15 0.52
36 UTILICO EMERGING MARKETS TRUST PLC UTILICO EMERGING 37,49,900 37.50 1.08 0.48
37 MATTHEWS ASIA FUNDS-ASIA EX JAPAN DIVIDEND FUND MATTHEWS 37,49,900 37.50 1.08 0.48
38 UTI AGGRESSIVE HYBRID FUND UTI MUTUAL FUND 35,00,200 35.00 1.01 0.45
39 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 29,99,700 30.00 0.86 0.39
40 CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE CO.LTD. CANARA HSBC 25,00,300 25.00 0.72 0.32
41 EDELWEISS TOKIO LIFE INSURANCE CO.LTD.-LIFE PAR FUND EDELWEISS TOKIO LIFE INSURANCE 7,50,200 7.50 0.22 0.10
42 EDELWEISS TOKIO LIFE INSURANCE CO.LTD.-LIFE NON PAR FUND EDELWEISS TOKIO LIFE INSURANCE 7,50,200 7.50 0.22 0.10
43 TATA INVESTMENT CORP.LTD. TATA 16,23,600 16.24 0.47 0.21
44 STAR UNION DAI-ICHI LIFE INSURANCE CO.LTD. STAR UNION DAI-ICHI LIFE INSURANCE 15,00,400 15.00 0.43 0.19
45 CIM INVESTMENT FUND ICAV CIM 15,00,400 15.00 0.43 0.19
46 SUNDARAM BALANCED ADVANTAGE FUND SUNDARAM MUTUAL FUND 7,50,200 7.50 0.22 0.10
47 RAINBOW INVESTMENTS LTD. RAINBOW INVESTMENTS 5,00,500 5.01 0.14 0.06
34,80,74,1003,480.7410045.00

InvIT Subscription FAQs

The POWERGRID InvIT InvIT is subscribed 4.83 times by May 03, 2021 17:00.

POWERGRID InvIT InvIT Subscription

Investor Category Subscription (times)
Qualified Institutional4.63
Non Institutional5.07
Total Subscription4.83

Retail category of POWERGRID InvIT InvIT subscribed times as of date May 03, 2021 17:00. The public issue closes on Mon, May 3, 2021 for bidding.

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

The POWERGRID InvIT InvIT is subscribed 4.83 times by May 03, 2021 17:00.

The POWERGRID InvIT InvIT allotment status is expected on or around Monday, May 10, 2021. Visit POWERGRID InvIT InvIT allotment status to check.

The POWERGRID InvIT InvIT listing date is May 14, 2021. The equity share of POWERGRID InvIT InvIT will list on BSE, NSE.

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

POWERGRID InvIT InvIT Timetable

IPO opens OnThursday, April 29, 2021
IPO Closes OnMonday, May 3, 2021
Finalisation of Basis of AllotmentMonday, May 10, 2021
Initiation of RefundsTuesday, May 11, 2021
Credit of Shares to Demat AccountTuesday, May 11, 2021
IPO Listing DateFriday, May 14, 2021

Read more about POWERGRID InvIT InvIT

InvIT Details
InvIT Recommendations
InvIT Live Subscription
InvIT Live News
InvIT Allotment Status
InvIT Basis of Allotment Document
InvIT FAQs

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