IndiGrid InvIT: Revenue visibility lends comfort
IPO opens today @ ₹98-100 a unit; company plans to raise ₹2,250 crore
Investors looking to diversify their portfolio, can consider taking limited exposure in India Grid (IndiGrid). The IndiGrid infrastructure investment trust or InvIT, as it is popularly called, currently owns two inter-State power transmissions assets in India. Roadblocks, uncertaintiesWith a stable revenue structure and long-term contracts, it offers good revenue visibility — unlike that from sa...
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