Company Profile

INDIA GRID TRUST

NSE : NABSE : 540565ISIN CODE : INE219X23014Industry : UnspecifiedHouse : Private
BSE110.38-0.17 (-0.15 % )
PREV CLOSE (Rs.) 110.55
OPEN PRICE (Rs.) 110.38
BID PRICE (QTY) 110.40 (1701 )
OFFER PRICE (QTY) 110.60 (1701 )
VOLUME 1701
TODAY'S LOW / HIGH (Rs.)110.38 110.38
52 WK LOW / HIGH (Rs.) 85.7 112.9
NSE
This Company is not listed in NSE

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 1.8775638
Dividend Yield(%)
TTM EPS (Rs.)
P/E Ratio
Book Value (Rs.)
Face Value (Rs.)
MCap (Rs. in Mn)
Price/Earning (TTM)
Price/Sales (TTM)
Price/Book (MRQ)
PAT Margin (%) NA
ROCE (%) NA
Incorporation Year :

Management Info :

- Chairman - Managing Director

Registered Office :

Address : Not Available

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NEWS More
29Sep09-29-2020$India Grid Trust completes acquisition of 74% stake in Jhajjar KT Transco India Grid Trust completes a

India Grid Trust has completed acquisition of 74% paid-up capital of Jhajjar KT Transco (JKTPL) from Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company (TEECL). The acquisition of aforesaid power transmission asset is in line with the IndiGrid investment strategy as provided in the Trust Deed with a focus to ensure stable distribution to unit holders by owning assets with long term contracts.

India Grid Trust operates as an infrastructure investment trust. The Company invests, designs, finances, constructs, and maintains power transmission projects. India Grid Trust serves customers in India.

India Grid Trust has completed acquisition of 74% paid-up capit..
29Sep09-29-2020$NTPC, India Grid Trust and Yes Bank to see some action today NTPC, India Grid Trust and Y

NTPC has successfully synchronised a 660-MW unit of its supercritical thermal power plant in Bihar with the grid, which would help the commercial generation of electricity from it. The power producer has been setting up five units with 660 MW capacity each, spread across 3,200 acres of land at Barh in Patna district. The successful synchronisation would pave the way for commissioning of the unit.

India Grid Trust has completed acquisition of 74% paid-up capital of Jhajjar KT Transco (JKTPL) from Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company (TEECL). The acquisition of aforesaid power transmission asset is in line with the IndiGrid investment strategy as provided in the Trust Deed with a focus to ensure stable distribution to unitholders by owning assets with long term contracts.

BSE has signed a pact with private sector lender Yes Bank to empower the small and medium enterprises (SMEs) listed on the platform. The pact aims at empowering the SME segment through awareness and knowledge-sharing programmes. As per the Memorandum of Understanding (MoU), BSE and Yes Bank will conduct knowledge events for SMEs, export promotion of SMEs, in addition to providing banking and financial solutions. The bank will also offer customised services and products to the listed SME members of the platform.

Symphony has launched Universal packaged air coolers for industrial and commercial applications. The company aims to give momentum to the Make in India move in the country. This is the world’s first Universal packaged air coolers that provide high level of flexibility during installation. These aesthetically designed air coolers consume 90% less electricity than AC and are very easy and quick to install. The range includes PAC 20U, PAC 25U and Movicool XXL with innovative features like four- side cooling pads, dust filters and Cool Flow Dispenser.

Central Bank of India’s board has approved the allotment of 16,57,99,736 Equity Shares to eligible qualified institutional buyers at the issue price of Rs 15.38 per Equity Share, aggregating to Rs 254.99 crore under the SEBI Regulations. The capital raising committee of the board of directors of the bank at its meeting held on September 28, 2020 has approved the allotment of the same. Pursuant to the allotment of Equity Shares in the QIP, the paid -up equity share capital of the Bank stands increased to Rs 5875.56 crore comprising of 587,55,62,460 equity shares of face value of Rs 10 each.

SJVN has received investment approval from the Public Investment Board, Ministry of Finance, Government of India for 210 MW Luhri Hydro Electric Project (HEP) and 66MW Dhaulasidh HEP in the state of Himachal Pradesh.

Cosmo Films has introduced a new bi- axially oriented polypropylene (BOPP) based coated film which is designed to slowly release fragrance which lasts for a long time. The film is matte finished on one side while other side is extrusion lamination applications. Through initial tests, these newly designed films have proven to remain fragrant for more than 2 months, and it is expected that the film would continue to release a soothing fragrance for almost 6 months. The film can be widely used for applications like catalogues, book covers, various bonds, magazines, visiting cards, packaging for cosmetics and personal care items and more.

NTPC has successfully synchronised a 660-MW unit of its supercr..
01Sep09-01-2020$IndiGrid completes acquisition of GPTL from Sterlite Power IndiGrid completes acquisiti

India Grid Trust (IndiGrid) has completed acquisition of another transmission asset - Gurgaon Palwal Transmission (GPTL) from Sterlite Power at an enterprise value of around Rs 10.8 Billion ($150 Million). With this acquisition, IndiGrid's AUM has increased by around 9% to Rs 133 Billion ($1.80 Billion). IndiGrid's asset portfolio will now consist of 10 power transmission projects, with a total network of 25 power transmission lines and 7 substations extending over 6,080 circuit kilometres & 10,735 MVA in 15 Indian states.

GPTL is part of Inter State Transmission Scheme (ISTS) network and consists of three gas-insulated substations (GIS) with a total transformation capacity of 3,000 MVA and 270 circuit kilometers of 400 KV transmission lines spread across Uttar Pradesh, Haryana and Rajasthan. This project is built with a substantial focus on environmental, social and governance (ESG) aspects. It is a strategic asset for ensuring reliable power supply in the region which may reduce the carbon emissions by reducing dependence on DG sets. The land requirement for this project is also substantially reduced with innovatively designed vertical GIS substation and monopole towers with micro-piling. 

IndiGrid is the first Infrastructure Investment Trust (InvIT) in the Indian power sector. It owns 10 operating projects consisting of 25 transmission lines with more than 6,080 ckms length and 7 substations with 10,735 MVA transformation capacities.

India Grid Trust (IndiGrid) has completed acquisition of anothe..
01Sep09-01-2020$L&T, India Grid Trust and BEML to see some action today L&T, India Grid Trust and BE

Larsen & Toubro (L&T) has completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation. The significant and complex divestment deal, one of its kind in India announced in May 2018 has been completed after receiving the requisite regulatory approvals and fulfilment of necessary conditions. The divestment is in line with L&T's stated goal of unlocking value for future growth.

India Grid Trust (IndiGrid) has completed acquisition of another transmission asset - Gurgaon Palwal Transmission (GPTL), from Sterlite Power at an enterprise value of around Rs 10.8 Bn ($150 Mn). With this acquisition, IndiGrid's AUM has increased by around 9% to Rs 133 Bn (S1.80 Bn). IndiGrid's asset portfolio will now consist of 10 power transmission projects, with a total network of 25 power transmission lines and 7 substations extending over 6,080 circuit kilometres & 10,735 MVA in 15 Indian states.

BEML has bagged a prestigious order from Ministry of Defence for supply of 330 High Mobility Vehicles, for Pinaka Project at a value of Rs 842 crore. This order is a big boost to BEML, involved in the manufacturing of the High Mobility Vehicles with superior features under Make in India program, thus demonstrating BEML's efforts under 'AtmaNirbhar Bharat'. The equipment will be manufactured by BEML at its Palakkad Plant in Kerala and would supply the vehicle platform to MoD in a span of 3 years.

Biocon’s subsidiary--Biocon Biologics India and Mylan N.V. have launched Semglee (insulin glargine injection) in vial and pre-filled pen presentations in the U.S., approved to help control high blood sugar in adult and pediatric patients with type 1 diabetes and adults with type 2 diabetes. It is not recommended for the treatment of diabetic ketoacidosis. Semglee, which received final approval from the U.S. Food and Drug Administration (USFDA), has an identical amino acid sequence to Sanofi’s Lantus and is approved for the same indications.

Pitti Engineering is very well on track on its expansion plan of Rs 250 crore to enhance its installed capacity from the existing 36,000 MT to 46,000 MT for sheet metal components and from 2,47,600 hours to 405,600 hours for machining. The residual long-term order book stands at Rs 550 crore, which comprises of engineering products catering to user industries like Diesel and electric locomotives for Indian Railways, data farms, consumer durables and renewable energy.

NHPC has signed a Power Sale Agreement (PSA) with Madhya Pradesh Power Management Company (MPPMCL) for procurement of 1000 MW Solar Power at the tariff of Rs. 2.55/kWh on August 28, 2020 at Bhopal (MP) for 25 years on long term basis. NHPC shall earn trading margin at Rs 0.07/kWh during the contract period.

SpiceJet has launched a portable non-invasive ventilator brand for patients with mild-to-moderate breathing issues. Engineers of SpiceJet Technic, a subsidiary of company, designed the 'SpiceOxy' device at its innovation lab.

Larsen & Toubro (L&T) has completed the strategic dives..
01Jun06-01-2020$India Grid Trust, HCL Technologies and Adani Enterprises to see some action today India Grid Trust, HCL Techno

India Grid Trust has executed share purchase agreement (SPA) for acquisition of 100% stake in Jhajjar KT Transco Private (JKTPL) from Kalpataru Power Transmission (KPTL) and Techno Electric & Engineering Company (TEECL). The indicative value of the transaction is Rs 310 crore and is subject to certain adjustments on account of assets and liabilities at the time of closing of the transaction. The transaction is also subject to requisite approvals and compliances.

HCL Technologies (HCL) is planning to acquire Cisco’s Self-Optimizing Network (SON) technology. This acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL meet the growing needs of its customers in the telecommunications industry, which includes tier-one communications service providers globally, by adding the power of Cisco’s SON’s multi-vendor multi-technology and application support to its clients.

Adani Enterprises has incorporated two wholly owned subsidiaries namely DC Development Noida (DDNPL) and DC Development Hyderabad (DDHPL) on May 28, 2020, with authorised share capital of Rs 1 lakh each.  DDNPL has been incorporated to carry on the business of providing Data Centre infrastructure build, lease, maintain and operate services in all its forms and perspectives and to undertake all such activities as are connected, linked or associated with Land Acquisition, Land Assessment & Due Diligence, Land Development, Design & Engineering, Civil & other related data centre operations.  DDHPL has been incorporated to carry on the business of providing Data Centre infrastructure build, lease, maintain and operate services in all its forms and perspectives and to undertake all such activities.

NHPC is mulling setting up three hydro power projects with a total capacity of 155 MW and a 50 MW solar energy project in the Union Territory of Ladakh. The company would also explore the possibility of blending hydro power with solar energy in view of high solar irradiance in the region.

Dr. Reddy's Laboratories has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for API Srikakulam Plant (SEZ), Andhra Pradesh, indicating that the inspection is closed under 21 CFR 20.64(d)(3).

Yes Bank, pursuant to invocation of pledged shares, has acquired 44,53,48,990 equity shares of Dish TV India constituting approximately 24.19 percent of the post-issue paid-up share capital as at March 31, 2020. Shares were acquired on the invocation of pledge subsequent to default/breach of terms of the loan to Dish TV India.

Indian Hotels Company’s (IHCL) Committee for long term Borrowings has considered and approved raising of funds by way of issuance of rated, unsecured, listed, redeemable, non-convertible debentures of face value of Rs 10,00,000 aggregating to Rs 300 crore by way of private placement, to ICICI Bank (NCDs). The NCDs are proposed to be listed on the wholesale debt market segment of National Stock Exchange of India and the tenor of the instrument is 3 (three) years from the deemed date of allotment.

India Grid Trust has executed share purchase agreement (SPA) fo..
Financials More
Rs. in Millions
QTR Dec 18 ANNUAL 19
Net Profit1114.172112.42
Gross Profit 1116.02 2118.66
Operating Profit 1379.173134.11
Net Sales 1395.245525.07
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
peer group More
No Data Found
Shareholding Pattern More
PROMOTERS 0 %
MUTUAL FUNDS/UTI 0 %
FI/BANKS/INSURANCE 0 %
GOVERNMENT 0 %
FII 0 %
NON-INSTITUTION 0 %
MF HOLDINGS
Scheme NameHold(%)
No Data Found
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