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PowerGrid InvIT IPO Subscribed Nearly 5 Times
04 May 2021, 11:31 AM IST 
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The IPO consisted of fresh issue of Rs 4,994 crore and offer for sale of Rs 2,741.50 crore
Powergrid InvIT's Rs 7,735-crore initial public offering (IPO) was subscribed 4.83 times at closing. The first share sale by a state-run company was subscribed 4.63 times in the qualified institutional buyers (QIB) segment and 4.92 times in the non-institutional investor (NII) category.
