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Capital Infra Trust IPO Opens Tommorow for Subscription: Key Details - CurrencyVeda
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Capital Infra Trust IPO Opens Tommorow for Subscription: Key Details

IPO Price

January 6, 2025

New Delhi, India

Capital Infra Trust IPO

The much-anticipated Initial Public Offering (IPO) of Capital Infra Trust InvIT, valued at ₹1,578 crore, is set to open for subscription from January 7 to January 9, 2025. The price band for the issue is fixed between ₹99 and ₹100 per share, attracting interest from investors across segments.


IPO Details

Issue Structure:

  • Fresh Issue: 10.77 crore shares aggregating ₹1,077 crore.
  • Offer for Sale (OFS): 5.01 crore shares aggregating ₹501 crore.

Lot Size:

  • Minimum Investment: 150 shares per lot.
  • For sNII (small non-institutional investors): Minimum 14 lots (₹2,10,000).
  • For bNII (big non-institutional investors): Minimum 67 lots (₹10,05,000).

Reservation:

  • 75% of the offer reserved for Qualified Institutional Buyers (QIBs).
  • 25% reserved for Non-Institutional Investors (NIIs).

Objectives of the IPO

The fresh issue aims to:

  • Provide loans to project SPVs for clearing external borrowings.
  • Repay unsecured loans from the sponsor.

Key Dates

  • Allotment Finalization: January 10, 2025.
  • Refund Initiation: January 13, 2025.
  • Shares Credited to Demat Accounts: January 13, 2025.
  • Listing Date: January 14, 2025, on BSE and NSE.

About Capital Infra Trust

Established in September 2023, Capital Infra Trust operates as an infrastructure investment trust sponsored by Gawar Construction, a prominent player in road and highway construction.

Portfolio Highlights:

  • Initial Portfolio Assets (IPAs): Nine revenue-generating projects across 682.42 km in seven states.
  • Managed by Project SPVs under SEBI InvIT regulations.

Sponsor Expertise:

  • Over 100 completed road projects since 2008.
  • Serves key clients, including MoRTH, NHAI, CPWD, and MMRDA.

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Disclaimer:

CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.