PowerGrid InvIT IPO to open on April 29, price band set at Rs 99-100/unit
PowerGrid InvIT IPO: It’s raining IPOs (Initial Public Offers) this year and also jumping on the bandwagon is state-owned Power Grid Corporation of India’s infrastructure investment arm PowerGrid Infrastructure Investment Trust. The price band for its public offer has been fixed at Rs 99-100 per unit.
Rating agencies such as CARE Ratings, ICRA, CRISIL have termed PowerGrid InvIT as stable: PTI