The Government of Singapore (the "Seller") proposes to sell up to 4,36,31,371 Units of IndiGrid Infrastructure Trust (the "InvIT") (representing 4.58% of the Unit capital of the InvIT) ....
Awaiting price reaction for this filing.
The Government of Singapore, acting through GIC Pte Ltd, proposes to sell up to 4,36,31,371 units of IndiGrid Infrastructure Trust (4.58% of unit capital) through an Offer for Sale on the BSE/NSE separate OFS window on February 5-6, 2026. There is an additional oversubscription option of up to 2,64,59,185 units (2.78%), bringing the total potential sale size to 7.36%. The floor price has been set at INR 160.50 per unit. Axis Capital and Ambit Capital are the selling brokers, with BSE as the designated stock exchange. At least 10% of units are reserved for retail investors and 25% for mutual funds and insurance companies.
This is a block sale by an existing institutional unitholder (GIC), which may create temporary supply-side pressure on the unit price and could lead to short-term price weakness around the OFS dates. Existing unitholders should note potential dilution of float and watch for absorption of the supply post-OFS.