IndiGrid raises Rs 1,500 cr through institutional placement

Key Highlights

• This fundraiser follows IndiGrid’s preferential issue of Rs 438 crore completed in November 2025.
• With the completion of this institutional placement, IndiGrid has raised a total of Rs 1,938 crore in equity capital during the fiscal year 2025-26, reflecting a calibrated, phased approach to capital raising.
• Post issuance, IndiGrid’s net debt-to-AUM will be 57 per cent, providing a growth runway of up to Rs 45,000 crore in Assets Under Management (AUM) while remaining within the leverage cap of 70 per cent.
• “We are grateful to our unitholders for their continued confidence in IndiGrid.
• This capital raise strengthens our balance sheet and allows us to pursue growth opportunities in a disciplined manner, with every investment decision anchored in long-term value creation and unitholder returns,” said Harsh Shah, Managing Director of IndiGrid.