Description
IndiGrid Infrastructure Trust lists 9,20,24,539 new units at Rs. 163 per unit allotted to QIBs through Qualified Institutional Placement, effective January 27, 2026.
Summary
BSE has approved the listing of 9,20,24,539 new units of IndiGrid Infrastructure Trust (Scrip Code: 540565) allotted through a Qualified Institutional Placement (QIP) to Qualified Institutional Buyers. The new units are priced at Rs. 163 per unit and will commence trading on Tuesday, January 27, 2026. These units rank pari-passu with existing units of the trust.
Key Points
- Total new units listed: 9,20,24,539 units
- Issue price: Rs. 163 per unit
- Allotment method: Qualified Institutional Placement (QIP) to QIBs
- Scrip Code: 540565
- Distribution numbers: 860540181 to 952564719
- New units rank pari-passu with existing units
- Date of allotment: January 22, 2026
Regulatory Changes
No regulatory changes. This is a routine listing notification following successful QIP allotment.
Compliance Requirements
- Trading members must note the listing of new securities
- Trading members requiring clarification should contact Ms. Kirti Deshpande (Tel: 022 2272 5611) or Prachi Babadi
Important Dates
- Date of Allotment: January 22, 2026
- Trading Commencement Date: January 27, 2026 (Tuesday)
- Notice Date: January 23, 2026
Impact Assessment
The QIP represents a significant capital raise for IndiGrid Infrastructure Trust with over 9.2 crore new units being issued to institutional investors at Rs. 163 per unit. This translates to approximately Rs. 1,500 crore in fundraising. The dilution impact will depend on the existing unit base, but institutional participation indicates confidence in the trust’s infrastructure assets. The pari-passu ranking ensures equal treatment of new and existing unitholders. Trading members should monitor liquidity and price action when these units begin trading on January 27, 2026.
Impact Justification
Medium importance due to significant QIP issuance by infrastructure trust. Material dilution with 9.2 crore new units but limited direct impact on retail trading. Institutional investor focus.