Indigrid InvIT: High yield on stable and predictable revenues

[fabregas]

Hitesh portfolio

@amilshah264 I havent invested in Indigrid Invit but was excited by the yield it offered. And as you say as the price goes down the yield becomes even more attractive. It is a perpetual (I think 35 year) instrument. Terminal value would be zero. And hence as the years go by the value of the instruments continue to go down. The money saved in terms of interest payments by issuing the instrument is passed on to Invit holders. I think as of now they pay Rs 12 per unit over an year. Only probl…

These ^^ are my feelings since having invested in Indigrid. I just don’t understand why the price keeps falling even with a good pipeline of ROFO assets, SEBI proposing to increase leverage limits, stability of underlying assets etc. Is there something that we don’t know?