Capital Infra Trust Invit IPO Set to Open For Subscription on Jan 7

The ₹1,578.00 crore Capital Infra Trust Invit IPO is set to open for bidding on January 7, 2025, and closes on January 9, 2025. The Capital Infra Trust Invit IPO allotment is likely to be finalised on January 10, 2025. The shares of Capital Infra Trust Invit will be listed on BSE, NSE with a tentative listing date of January 14, 2025. Capital Infra Trust Invit IPO is a combination of a fresh issue of ₹1,077.00 crore and an offer for sale of 5.01 crore shares aggregating to ₹501.00 crore.

The price band for Capital Infra Trust Invit IPO has been set at ₹99 to ₹100 per share and the lot size has been fixed at 150, which means that the retail investors are required to make a minimum investment of ₹15,000. The company has appointed SBI Capital Markets Limited and HDFC Bank Limited as the book-running lead managers, while Kfin Technologies Limited is the registrar for the issue.

Purpose of Capital Infra Trust Invit IPO

The company will use the funds raised from the fresh issue towards the following objects

• Providing loans to the Project SPVs for repayment/pre-payment of external borrowings, in part or in full from the financial lenders
• Providing loans to the Project SPVs for repayment of unsecured loans availed by the Project SPVs from the Sponsor.

About Capital Infra Trust Invit Limited 

Capital Infra Trust, established in September 2023, is an infrastructure investment trust (InvIT) sponsored by Gawar Construction Limited. The InvIT was formed to carry out activities and make investments in accordance with the SEBI InvIT Regulations. The sponsoring company specializes in the construction of road and highway projects across 19 states in India, working with various government bodies such as the NHAI, MoRTH, MMRDA, and CPWD.

As of December 2024, the sponsor’s portfolio includes 26 road projects under a hybrid annuity model (HAM) with NHAI, consisting of 11 completed projects (including five assets previously owned by Sadbhav Infrastructure Project Limited) and 15 projects currently under construction.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.