India New Issue-IndiGrid Infra Trust accepts bids for multiple tenor bonds, bankers say

IndiGrid Infrastructure Trust

20/08/2026 07:50

MUMBAI, Aug 20 (Reuters) - India's IndiGrid Infrastructure Trust IGTR.NS has accepted bids worth an aggregate of 11 billion rupees for bonds maturing in five years and in 10 years, three bankers said on Thursday.
It will pay a coupon of 7.44% on both issues and had invited commitment bids on Wednesday, they said.
The company did not immediately respond to a Reuters email seeking comment.

 
  Here is the list of deals reported so far on August 20: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
IndiGrid InvIT
5 years
7.44
3.50
August 19
AAA (Crisil, Icra)
IndiGrid InvIT
10 years
7.44
7.50
August 19
AAA (Crisil, Icra)
PFC
3 years
To be decided
5+20
August 24
AAA (Care, Icra, Crisil)
PFC
15 years
To be decided
5+20
August 24
AAA (Care, Icra, Crisil)

*Size includes base plus greenshoe for some issues

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
 ((Dharamraj.dhutia@tr.com))