The Capital Infra Trust Invit is a Rs 1,578.00 crore book-built issuance. The issuance consists of a 5.01 crore share sale offering for Rs 501.00 crores and a new issue of 10.77 crore shares totaling Rs 1,077.00 crores.
The subscription period for the Capital Infra Trust Invitation bidding began on January 7, 2025, and it will end on January 9, 2025. On Friday, January 10, 2025, the allocation for the Capital Infra Trust Invit is anticipated to be approved. The proposed listing date for the Capital Infra Trust Invit is set for Tuesday, January 14, 2025, on the BSE and NSE.
The pricing range for Capital Infra Trust Invit is ₹99 to ₹100 per share. An application must have a minimum lot size of 150. Retail investors must make a minimum investment of ₹15,000. For bNII, the minimum lot size investment is 67 lots (10,050 shares), or ₹10,05,000. For sNII, it is 14 lots (2,100 shares), or ₹2,10,000.
Kfin Technologies Limited is the issue’s registrant, and SBI Capital Markets Limited and HDFC Bank Limited are the book running lead managers of the Capital Infra Trust Invit.
Capital Infra Trust Invit Details
| IPO Date | January 7, 2025 to January 9, 2025 |
| Listing Date | [.] |
| Face Value | ₹ per share |
| Price Band | ₹99 to ₹100 per share |
| Lot Size | 150 Shares |
| Total Issue Size | 15,78,00,000 shares (aggregating up to ₹1,578.00 Cr) |
| Fresh Issue | 10,77,00,000 shares (aggregating up to ₹ 1,077.00 Cr) |
| Offer for Sale | 5,01,00,000 shares of ₹ (aggregating up to ₹501.00 Cr) |
| Issue Type | Book Built Issue InvIT |
| Listing At | BSE, NSE |
Capital Infra Trust Invit Timeline (Tentative Schedule)
Capital Infra Trust Invit opens on January 7, 2025, and closes on January 9, 2025.
| IPO Open Date | Tuesday, January 7, 2025 |
| IPO Close Date | Thursday, January 9, 2025 |
| Basis of Allotment | Friday, January 10, 2025 |
| Initiation of Refunds | Monday, January 13, 2025 |
| Credit of Shares to Demat | Monday, January 13, 2025 |
| Listing Date | Tuesday, January 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
About Capital Infra Trust
Capital Infra Trust is an infrastructure investment trust that was founded in September 2023 and is supported by Gawar Construction Limited. The InvIT was created in accordance with the SEBI InvIT Regulations to conduct business and make investments as an infrastructure investment trust.
The sponsoring firm specializes in building roads and highways for the NHAI, MoRTH, MMRDA, and CPWD, among other government agencies, in 19 Indian states.
The 26 road projects in the sponsor company’s portfolio on a hybrid annuity mode (“HAM”) with NHAI as of December 2024 include 11 finished projects, including the five acquired assets that Sadbhav Infrastructure Project Limited previously owned, and 15 ongoing projects.
The issue’s goals (Capital Infra Trust Invit goals)
The following items will be funded with the offer proceeds:
giving the Project SPVs loans to repay or prepay external borrowings, either in full or in part, from financial lenders (including interest and prepayment penalties); and giving the Project SPVs loans to repay unsecured loans they obtained from the Sponsor.