IPOs - Angel One

Powergrid InvIT IPO that opened for subscription is seeking to raise Rs 7,734 crores from the market. The offer size comprises fresh equities and secondary components from selling unitholders. Following the news of InvIT, Powergrid share prices jumped 4.5 percent, rallying day’s high at Rs 212.90 per share in BSE. Powergrid InvIT IPO is significant …

Powergrid InvIT shares launched in the price range of Rs 99-100 apiece today as one of the largest IPO ever to hit Indian primary market. The offer size of Rs 7734 crores comprised primary and secondary components of Rs 4,993.5 and Rs 2,741.5 crore respectively. According to market researchers the InvIT is a good opportunity …

Powergrid InvIT IPO opens for subscription today. It is the first-ever InvIT IPO by a public sector unit and creating a lot of buzz in the market. For interested investors, it is critical to know the highlights of the offer to make a sound decision. InvIT IPO is different from the common IPO shares issued …

Draft filing by food delivery chain Zomato ushers the new era for the Indian tech unicorns in the second largest internet market in the world. Zomato has lodged a draft red herring prospectus with SEBI to launch an IPO offering in the Indian market. Since the beginning of 2021, there were many speculations regarding India’s …

InvIT is a unique investment vehicle aimed to create a source of income for investors by investing in infrastructure projects. Powergrid InvIT will invest in various infrastructure development projects to strengthen interstate power transmission – its primary mission. Infrastructure investment trust (InvIT) functions like a mutual fund, allows investors to invest in various infrastructure assets …

The Powergrid InvIT IPO (Infrastructure Investment Trust) has caught the interest of several investors. One of the main reasons for this is that the company is owned by PowerGrid Corporation of India which is run by the state. This article focuses on the company details and financial details of Powergrid InvIT while also providing information …

Public sector ‘Maharatna’ unit Powergrid India is all set to roll out its InvIT IPO on April 29, 2021. Let’s now check all the necessary details associated with the offer that is creating a buzz in the market. Power Grid is set to become the first PSU to launch an InvIT IPO in the country. …

It’s IPO call for the PSU power ‘Maharatna’, Powergrid Corporation of India, which prepares to go public on April 29, 2021. The proposed IPO size of Rs 7,734,99 crores contains prime components worth Rs 4,500 crores. The rest of Rs 2,741.50 crore is OFS units. Powergrid Corporation of India Limited is a PSU that belongs …

Omnichannel retail pharmacy chain Wellness Forever will float an IPO to raise approximately Rs 1,000 -1,200 crores from the market. The company has already appointed investment bankers and advisors to manage the offer on their behalf. When listed in NSE and BSE, the company will become the first pharmacy chain to list on the Indian …

Powergrid Corporation of India Limited is a public sector enterprise under the government of India. Powergrid is a schedule ‘A’ ‘Maharatna’ incorporated in 1989 under the 1956 Companies Act. This listed company has 51.34% holding of the government while the remaining holdings account for public and institutional investments. This PSU operates under the power ministry and …