
Capital Infra Trust IPO Jan 7th: Everything You Need to Know
The much-awaited Capital Infra Trust IPO, which is an Infrastructure Investment Trust (InvIT), is scheduled to open for subscription from January 7 to January 9, 2025. The IPO has already received considerable interest from institutional and individual investors with a total issue size of ₹1,578 crore. Below, we dive into the key details of this offering, including its price band, objectives, timelines, and more.
Capital Infra Trust IPO Key Highlights
Price Band: ₹99 – ₹100 per unit
IPO Size: ₹1,578 crore
Fresh Issue: ₹1,077 crore
Offer-for-Sale (OFS): ₹501 crore
Subscription Dates: January 7 – January 9, 2025
Listing Date: January 14, 2025
Listing on: NSE and BSE
Investor Reservation:
Company Financials
Capital Infra Trust Financial Information (Restated)
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 4,905.26 | 4,724.07 | 4,283.33 | 2,502.8 |
Revenue | 792.27 | 1,543.51 | 2,518.92 | 1,981.42 |
Profit After Tax | 115.43 | 125.77 | 497.19 | 125.56 |
Amount in ₹ Crore
75%: Qualified Institutional Buyers (QIBs)
25%: Non-Institutional Investors (HNIs)
Objectives of the Capital Infra Trust IPO
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 |
The IPO aims to achieve the following objectives:
Portfolio Growth: The Trust seeks to enhance its portfolio by managing completed projects with a weighted residual concession life of 11.7 years as of September 2024.
About Capital Infra Trust
Capital Infra Trust was launched in September 2023 as an infrastructure investment trust sponsored by Gawar Construction, a leading road and highway construction company.
Key Information About the Sponsor
Experience: More than 100 road construction projects completed since 2008.
Current Portfolio: 26 under-going road projects in hybrid annuity mode with NHAI.
Clientele: Includes MoRTH, NHAI, CPWD, and MMRDA.
The sponsor has experience in road and highway construction across 19 states. It focuses on the public-private partnership models such as hybrid annuity mode. Why You Should Invest in This IPO?
Consistent Income Streams: Since the roads under construction have started generating steady income from the operational road assets, the IPO offers a steady investment opportunity.
Experienced Sponsor: Gawar Construction’s strong track record in infrastructure development adds credibility.
Growth Potential: As India’s infrastructure demand rises, InvITs like Capital Infra Trust are well-positioned for expansion.
The Capital Infra Trust IPO is a promising opportunity for investors looking to participate in this rapidly growing infrastructure sector of India. Backed by an experienced sponsor and with stable returns through its revenue-generating assets, an investment of the same is advisable for institutional as well as high-net-worth investors.
Don’t forget, for all such promised prospects from IPOs, don’t forget to merge your investment goals with the fiscal goals and then risk appetite accordingly.
Event | Date |
---|---|
Subscription Start Date | January 7, 2025 |
Subscription End Date | January 9, 2025 |
Basis of Allotment | January 10, 2025 |
Refund Initiation | January 13, 2025 |
Demat Credit Date | January 13, 2025 |
Listing Date | January 14, 2025 |
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 |