Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

India Grid Trust Performance

Today's Low
133.00
arrowIcon
Today's High
133.98
52 Wk Low
126.00
arrowIcon
52 Wk High
142.30


Open

133.98

Traded Value (Cr)

5.17

Prev. Close

133.19

Face Value

100

Volume

388190

India Grid Trust Fundamentals

Market Cap
₹ 10448.72 Cr
P/E Ratio (TTM)
36.63
P/B Ratio
1.68
Debt to Equity
2.68
ROE
14.80
EPS (TTM)
3.64
Dividend Yield
2.60 %
Book Value
79.17

Click here to know more about Fundamentals

India Grid Trust Financials

India Grid Trust Financials

India Grid Trust Shareholding Pattern

Held By Mar 2024 Dec 2023 Dec 2023 Sep 2023
Others 28.69 % 29.03 % 28.96 % 25.95 %
FII 24.90 % 25.57 % 25.34 % 27.49 %
Retail 23.81 % 22.80 % 23.10 % 23.73 %
Promoters 21.17 % 21.17 % 21.17 % 22.70 %
Mutual Funds 1.43 % 1.43 % 1.43 % 0.13 %

Others

28.69%

FII

24.90%

Retail

23.81%

Promoters

21.17%

Mutual Funds

1.43%

Others

29.03%

FII

25.57%

Retail

22.80%

Promoters

21.17%

Mutual Funds

1.43%

Others

28.96%

FII

25.34%

Retail

23.10%

Promoters

21.17%

Mutual Funds

1.43%

Others

25.95%

FII

27.49%

Retail

23.73%

Promoters

22.70%

Mutual Funds

0.13%

Resistance and Support

₹133.39

PIVOT

resistance-arrow
Resistance
First Resistance₹133.780
Second Resistance₹134.370
Third Resistance₹134.760
support-arrow
Support
First Support₹132.800
Second Support₹132.410
Third Support₹131.820

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day617,767369,846100.00
Week388,190483,518-40.13
1 Month388,190615,973-40.13
6 Months64,388,75164,388,751100.00

About India Grid Trust

India Grid Trust ('the Trust' or 'IndiGrid') is an irrevocable trust settled by Sterlite Power Grid Ventures Limited (the 'Sponsor') on October 21, 2016 pursuant to the Trust Deed under the provisions of the Indian Trusts Act, 1882 and registered with Securities Exchange Board of India ('SEBI') under the SEBI (Infrastructure Investment Trust) Regulations, 2014 as an Infrastructure Investment Trust on November 28, 2016 having registration number IN/InvIT/16-17/0005. The Trustee of IndiGrid is Axis Trustee Services Limited (the 'Trustee'). The Investment manager for IndiGrid is Sterlite Investment Managers Limited (the 'Investment Manager' or the 'Management'). The objectives of IndiGrid are to undertake activities as an infrastructure investment trust in accordance with the provisions of the InvIT Regulations and the Trust Deed. The principal activity of IndiGrid is to own and invest in power transmission assets in India with the objective of producing stable and sustainable distributions to unitholders. India Grid Trust ('IndiGrid') is India's first infrastructure investment trust ('InvIT') in the power sector. It was created to acquire operating power transmission assets and got listed on the Indian stock exchanges on 6 June 2017. SIML through its letter dated October 26, 2017 informed to the stock exchanges that the Board of Directors of Investment Manager has approved issuance 1,35,99,200 units by India Grid Trust to the Project Manager and considered October 26, 2017 as relevant date. Further, the Board of Directors of SIML acting in the capacity of Investment Manager of IndiGrid, considered the certificate issued by Statutory Auditors thereby confirming the issue price of INR 100 per unit calculated as per Regulation 76 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (the 'ICDR Regulations') as on the relevant date viz. October 26, 2017 and has allotted 1,35,99,200 units to the Project Manager in another Board Meeting held after obtaining aforesaid certificate on October 26, 2017. IndiGrid is sponsored by Sterlite Power Grid Ventures Limited ('Sponsor'), one of India's leading private power transmission companies with proven credentials in bidding, designing, financing, constructing and maintaining assets across multiple geographies. The Sponsor has played and continues to play a critical role in nurturing IndiGrid to fulfil its aspiration of becoming the most admired yield vehicle in Asia. As on 31 March 2018,trust's asset count of 13 transmission lines and 2 substations across 8 states of India. The residual contract life across the 5 Project SPVs is over 33 years. IndiGrid is AAA rated and has an AUM of Rs 52 billion. During the year ended March 31, 2018, IndiGrid has acquired the following projects from the Sponsor which are transmission infrastructure projects developed on Build Own Operate and Maintain ('BOOM') basis: 1. Bhopal Dhule Transmission Limited 2. Jabalpur Transmission Company Limited 3. RAPP Transmission Company Limited 4. Purulia & Kharagpur Transmission Company Limited 5. Maheshwaram Transmission Limited. These SPVs have executed Transmission Services Agreements ('TSAs') with Long term transmission customers under which the SPVs have to maintain the transmission infrastructure for 35 years post commissioning. As on 31 March 2019,trust's asset count of 16 transmission lines and 4 substations across 8 states of India. The trust raised Rs 25.1 Billion in May 2019 through Preferential Issue of which KKR & GIC subscribed Rs 20.6 Billion. During the FY2019,the trust signed definitive agreements to acquire Rs 115 Billion worth transmission assets from Sterlite Power. During the year ended March 31, 2020, the Trust raised Rs 25,140.48 million of primary capital through a qualified institutional placement of units. The Trust issued and allotted 299,683,881 units at a price of Rs 83.89 per unit as per the placement agreement dated 04 May 2019. During the year 2019-20, the trust completed three acquisitions with assets worth more than Rs 60 billion. While NRSS XXIX Transmission Ltd (NTL) and Odisha Generation Phase II Transmission Ltd (OGPTL) were acquired in H1 of the financial year. As on 31 March 2020,trust's asset count of 20 transmission lines and 4 substations across 12 states and one union territory.

Managing Director

NA

Founded

NA

NSE Symbol

INDIGRID

India Grid Trust Management

NameDesignation
Tarun KatariaIndependent Director
Ashok SethiIndependent Director
Jayashree VaidhyanathanIndependent Director
Hardik ShahDirector
Ami MomayaDirector
Harsh ShahWhole Time Director & CEO
Urmil ShahCompany Sec. & Compli. Officer

Events

Dividend Announcement for India Grid Trust - May 24, 2024

On May 24, 2024, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 3.55%. This dividend percentage reflec...

Read More

India Grid Trust News

India Grid Trust consolidated net profit declines 58.75% in the March 2024 quarter
Sales rise 31.70% to Rs 813.54 crore
Board of India Grid Trust recommends final dividend
Of Rs 3.55 per share
India Grid Trust fixes record date for distribution
Record date is 30 May 2024
India Grid Trust to hold board meeting
On 24 May 2024
India Grid Trust receives affirmation in LT ratings
Board of India Grid Trust recommends final dividend
Of Rs 3.55 per share
India Grid Trust consolidated net profit declines 23.81% in the December 2023 quarter
Sales rise 28.95% to Rs 782.76 crore
India Grid Trust to declare Quarterly Result
On 25 January 2024
India Grid Trust schedules EGM
On 4 January 2024
India Grid Trust to table results
On 5 December 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
National Highways Infra Trust₹ 16713.5 Cr
₹ 127.37
(0.49 %)
17.26
Powergrid Infrastructure Investment Trust₹ 8715.97 Cr
₹ 95.78
(0.50 %)
8.53
Bharat Highways InvIT₹ 4733.68 Cr
₹ 106.87
(0.32 %)
202.13
IRB InvIT Fund₹ 3777.31 Cr
₹ 65.07
(-0.26 %)
13.03

India Grid Trust FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase India Grid Trust shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. India Grid Trust's share price is ₹133.19 as of June 13, 2024 at 04:14 PM

India Grid Trust's P/E ratio is 36.63 times as of June 13, 2024 at 04:14 PM.

India Grid Trust's most recent financial reports indicate a price-to-book ratio of 1.68, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. India Grid Trust's market is 10,449 Cr as on June 13, 2024 at 04:14 PM.

The current financial records of India Grid Trust show a 14.80% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to India Grid Trust's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a India Grid Trust stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. India Grid Trust's 52-week high and low as of June 13, 2024 at 04:14 PM are ₹142.3 and ₹126 respectively.

As of the Mar 2024 quarter, the promoter shareholding in India Grid Trust stands at 21.17%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 25.57% to 24.90%.