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Power Grid Infrastructure Investment Trust

If you are searching for upcoming IPOs in India, Power Grid Infrastructure Investment Trust IPO could be a great option. Get to know more here.

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Power Grid Infrastructure Investment Trust

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  1. Power Grid Infrastructure Investment Trust (InvIT) IPO All the leading stock brokers in India have already suggested investors to subscribe to the public issue, mentioning benefits like promising lineage, and full-fledged support from the sponsor, strong financial placement, regular and steady cash flow, significance of power transmission business in India, and a dedicated and experienced investment manager. According to top stock brokers in India, the extract from the cash flow is supposed to be in the range of 7-12 percent. As PGCIL is the primary sponsor for this Upcoming IPO, it is needed to maintain a 15 percent share in the PowerGrid InvIT, while the remaining portion will be held by public unit holders. The sponsor secures 100 percent shareholding in the investment manager. The Power Grid Corporation, a Maharatna, is the third biggest central public sector enterprise (CPSE) in regard to Gross Block and top-most in terms of transmission lines length (CKMS) with

  2. more than 85 percent market share in India’s all-inclusive inter-regional power transfer capacity. As per expectations made by the company management, PowerGrid InvIT is poidrf to generate cash flow from operations at an average of Rs 1,170 crore over the next three years, which signifies a 10 percent cash flow yield, as per the best stock broker in India.

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