Capital Infra Trust InvIT
Listed
Listed
IPO Timeline
Issue open date
7 Jan 2025Issue close date
9 Jan 2025UPI mandate deadline
9 Jan 2025Allotment finalization
15 Jan 2025Refund initiation
16 Jan 2025Share credit
16 Jan 2025Listing date
17 Jan 2025Mandate end date
24 Jan 2025Lock-in end date for anchor investors (50%)
14 Feb 2025Lock-in end date for anchor investors (remaining)
15 Apr 2025Key Dates
Open
7 Jan 2025Close
9 Jan 2025Listing
17 Jan 2025Quick Stats
Issue Size:1578cr
Lot Size:150 shares
About the Company
Capital Infra Trust, sponsored by Gawar Construction Limited, focuses on revenue-generating infrastructure projects. Its initial portfolio includes nine operational road assets spanning 682.4 km across seven states, with an average concession life of 11.7 years. Backed by GCL’s proven track record in road construction and early project completion, the Trust also holds acquisition rights for future projects.
Strengths
- Stable, revenue-generating assets with no construction risk and long-term cash flows.
- Diversified road portfolio across multiple geographies and revenue sources.
- Strong sector fundamentals supported by favourable government policies.
- Opportunities to expand through Sponsor’s and third-party project acquisitions.
- Experienced management with a focus on corporate governance.
- NHAI hybrid annuity projects hedge against adverse interest rate risks.
Risks
- Revenues depend on annuity income from NHAI.
- Lack of new assets may affect finances and distributions.
- Poor road maintenance risks penalties or termination.
- ROFO SPV acquisitions involve risks.
- Third-party delays or issues may impact operations.
Capital Infra Trust InvIT IPO – Frequently Asked Questions
- The price band for the Capital Infra Trust InvIT IPO is set at ₹99 to ₹100 per share.
- The Capital Infra Trust InvIT IPO opens on January 7, 2025 and closes on January 9, 2025.
- The tentative listing date for the Capital Infra Trust InvIT IPO is January 17, 2025.
- You can apply for the Capital Infra Trust InvIT IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Capital Infra Trust InvIT, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Capital Infra Trust InvIT IPO is 150 shares. Investors must apply for at least one lot (i.e., 150 shares).