Capital Infra Trust Invit is a book-built issue worth ₹1,578.00 crores, comprising a fresh issue of 10.77 crore shares totaling ₹1,077.00 crores and an offer for sale of 5.01 crore shares aggregating ₹501.00 crores.
The subscription period for Capital Infra Trust Invit opens on January 7, 2025, and closes on January 9, 2025. The allotment of shares is expected to be finalized on Friday, January 10, 2025. The Invit is set to list on both BSE and NSE, with a tentative listing date scheduled for Tuesday, January 14, 2025.
Capital Infra Trust InvIT operates in the infrastructure sector, with a specific focus on road and highway projects. Sponsored by Gawar Construction Limited, the trust manages a diversified portfolio of road assets across 19 states in India1. Their projects are primarily developed under the Hybrid Annuity Model (HAM) for the National Highways Authority of India (NHAI) and other government agencies.
The price band for the issue is set between ₹99 and ₹100 per share, with a minimum application lot size of 150 shares. Retail investors must invest a minimum of ₹15,000. Small non-institutional investors (sNII) are required to invest in at least 14 lots (2,100 shares), amounting to ₹2,10,000, while large non-institutional investors (bNII) need to apply for at least 67 lots (10,050 shares), totaling ₹10,05,000.
SBI Capital Markets Limited and HDFC Bank Limited are the book-running lead managers for the Capital Infra Trust Invit, with KFin Technologies Limited serving as the registrar for the issue.
Capital Infra Trust Invit IPO Details:
| Company Name | Capital Infra Trust Invit Limited |
| Sector | Infrastructure |
| IPO Type | Mainboard |
| IPO Open date | 07th Jan 2025 |
| IPO Close date | 09th Jan 2025 |
| Listing Exchanges | NSE, BSE |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Capital Infra Trust Invit IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 150 | 15,000 |
| sHNI (Min) | 14 | 2100 | 2,10,000 |
| bHNI (Min) | 67 | 10050 | 10,05,000 |
Capital Infra Trust Invit IPO Timeline:
| IPO Open Date | 07th Jan 2025 |
| IPO Close Date | 09th Jan 2025 |
| Basis of Allotment | 10th Jan 2025 |
| Refund Initiation Date | 13th Jan 2025 |
| Shares Credit to Demat | 13th Jan 2025 |
| Listing Date | 14th Jan 2025 |
Things to Consider before applying for an IPO
Financial Performance: Review Capital Infra Trust Invit’s Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Infrastructure Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Capital Infra Trust Invit and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
