India Grid Trust

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Rights Issue · IPO Guide

RI Price

₹110

Subscription

0.00x

Expert Rating

India Grid Trust is first power sector InvIT and company has shown growth in top-lines but inconsistent bottom-line. The issue appears fully priced and power sector is expected to out-perform in future due to high spending by Government and expansion plans. The price difference is around 21% and so we give SUBSCRIBE rating to this right issue.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Period	Total Income	Total Expenses	Profit After Tax (PAT)
Upto Q3 FY21	1,200.05	931.66	265.71
FY20	1,278.59	778.60	505.72
FY19	673.90	519.35	153.91
FY18	460.50	256.93	210.35
FY17	79.36	78.40	0.27

Record Date	Mar 30, 2021
Start Date	Apr 08, 2021
Close Date	Apr 13, 2021
Allotment Date	Apr 20, 2021
Listing Date	—
RI Price	Rs 110/- Per Equity Share
Entitlement Ratio	1:5
Lead Manager	Axis Capital Limited

India Grid Trust

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