Capital Infra Trust Invit is a book built issue of Rs 1,578.00 crores. The issue is a combination of fresh issue of 10.77 crore shares aggregating to Rs 1,077.00 crores and offer for sale of 5.01 crore shares aggregating to Rs 501.00 crores.
Capital Infra Trust Invit opens for subscription on January 7, 2025 and closes on January 9, 2025. The allotment for the Capital Infra Trust Invit is expected to be finalized on Friday, January 10, 2025. Capital Infra Trust Invit will list on BSE, NSE with tentative listing date fixed as Tuesday, January 14, 2025.
Capital Infra Trust Invit price band is set at ₹99 to ₹100 per share. The minimum lot size for an application is 150. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (2,100 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (10,050 shares), amounting to ₹10,05,000.
SBI Capital Markets Limited, Hdfc Bank Limited are the book running lead managers of the Capital Infra Trust Invit, while Kfin Technologies Limited is the registrar for the issue.
Refer to Capital Infra Trust Invit RHP for detailed information.
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 Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Offer |
| NII (HNI) Shares Offered | Not less than 25% of the Offer |
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 |
Capital Infra Trust Invit Lot Size
Investors can bid for a minimum of 150 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹10,05,000 |
| Lot Size Calculator | |||
About Capital Infra Trust
Established in September 2023, Capital Infra Trust is an infrastructure investment trust sponsored by Gawar Construction Limited. The InvIT was established to engage in activities and make investments as an infrastructure investment trust, as allowed under the SEBI InvIT Regulations.
The sponsoring company specializes in constructing road and highway projects across 19 states in India for various government bodies, including the NHAI, MoRTH, MMRDA, and CPWD.
As of December 2024, the sponsor company’s portfolio of 26 road projects on a hybrid annuity mode (“HAM”)with NHAI, of which 11 are completed projects, including the five acquired assets which Sadbhav Infrastructure Project Limited erstwhile owned, and 15 under-construction projects.
The Trust received a rating of ‘Provisional CRISIL AAA/Stable (Assigned)’ from CRISIL Ratings Limited for the Trust NCD(s) and proposed long-term bank loan facility on November 11, 2024.+ Read More
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 |
Objects of the Issue (Capital Infra Trust Invit Objectives)
The Offer Proceeds will be utilised 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 (including any accrued interest and prepayment penalty); and
- Providing loans to the Project SPVs for repayment of unsecured loans availed by the Project SPVs from the Sponsor.
Capital Infra Trust Invit Review (May apply)
[Dilip Davda] The company is an infrastructure investment trust sponsored by Gawar group. The offer constitutes of fresh units and offer for sale, with an overall size of Rs. 1578 cr. This scheme is worth for well-informed investors for long term rewards. It offers dividend distribution, partial redemption and capital appreciation in the long run. Read detail review…
Sorry, we couldn’t find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
Capital Infra Trust Invit Prospectus
Capital Infra Trust Contact Details
Capital Infra Trust
Unit No. 1401-1403, 14th Floor,
Tower B, SAS Tower,
Medicity, Sector-38-Gurugram-122001
Phone: +0124 4920139
Email: compliance@capitalinfratrust.com
Website: https://www.capitalinfratrust.com/
Capital Infra Trust Invit Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: nationalinfra.units@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/