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  #1  
Old 20th June 2017, 08:06 AM
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Default IRB InvIT and India Grid Trust



I wish to know the details of these 2 scrips before making an investment decision.

1.The CMP is 98 and 96 respectively, but the FV is Rs.10, so when they will declare dividend will it be on FV or CMP?

2.What is the minimum trading lot for these scrips?

Please clarify on above points.
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Old 20th June 2017, 09:46 AM
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The face value of IRB InvIT is Rs 102.
Trading lot is 5000.

The face value of India Grid Trust is Rs 100.
Trading lot is 5103.

SEBI has asked companies to declare "per share" dividend.

I think the same applies to InvIT funds too. The dividend will not be in the "percent" form.
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