India Grid Trust IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

May 17, 2017 · 2 min read

IPO GUIDE

India Grid Trust IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTRACKER

Complete analysis of the India Grid Trust initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.India Grid Trust IPO Overview

The initial public offering (IPO) of India Grid Trust is a public issue under the Mainboard board. The subscription window is scheduled to open on May 17, 2017 and close on May 19, 2017, with the price band fixed at ₹98–100 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesMay 17, 2017 – May 19, 2017
Price Band₹98–100
Lot SizeTBA shares
Minimum InvestmentTBA
Issue SizeTBA
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: May 17, 2017
  • Bidding closes: May 19, 2017
  • Allotment date: TBA
  • Listing date: 2021-05-10
  • Minimum investment: TBA

4.India Grid Trust IPO GMP Today

No grey market premium has been recorded for India Grid Trust yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for India Grid Trust IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "India Grid Trust IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the —-share lot, at a price within the ₹98–100 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2021-05-10 on BSE and NSE. Once finalised, check your status on the India Grid Trust IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

India Grid Trust opens on May 17, 2017 and closes on May 19, 2017 at ₹98–100 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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