01-01-1970 12:00 AM | Source: Angel Broking Ltd
Should retail investors apply for PowerGrid Invit By Mr. Yash Gupta, Angel Broking Ltd
News By Tags | #5948 #607 #6174

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Below are Quote on Should retail investors apply for PowerGrid Invit by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd   
 
Retail investors should not look at this IPO as just a regular company IPO because this IPO will give you a consistent yield of around 8% that is why it is called InvIT. In InvIT trust manages the assets of the company and then whatever they earn while managing the assets will be distributed amongst the unit holders. As in this InvIT assets will be those 5 power transmission projects, so the company will manage these assets and earn revenue and then distribute those revenue among the unit holders.

We suggest those retail investors looking for the safety of their investment & want to earn regular income and can apply for this IPO by keeping expected yield in between 7-8% P.a.

 

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