Capital Infra Trust InvIT
CLOSEDIPO Date: 7 Jan - 9 Jan 2025
Listing Date: 17 Jan 2025
Price Range
₹99 to ₹100 per share
Issue Size
1578 Cr
Min Investment
₹14,850
Lot Size
150 Shares
Schedule of Capital Infra Trust InvIT
Issue open date
7 Jan 2025
Issue close date
9 Jan 2025
UPI mandate deadline
9 Jan 2025 (5 PM)
Allotment finalization
15 Jan 2025
Share credit
16 Jan 2025
Listing date
17 Jan 2025
Mandate end date
24 Jan 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1578 Cr |
| Fresh Issue | 1077 Cr |
| Offer for Sale | 501 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 15 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 17 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 16 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 15 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 14 Jan 2025 | ₹100 | ₹1 | ₹101 (1%) |
| 13 Jan 2025 | ₹100 | ₹-1 | ₹99 (-1%) |
| 10 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 9 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 8 Jan 2025 | ₹100 | ₹1 | ₹101 (1%) |
| 7 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
| 6 Jan 2025 | ₹100 | ₹0 | ₹100 (0%) |
Performance Capital Infra Trust InvIT
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹99 to ₹100 per share | ₹ 99 (-1%) | ₹ 92.92 | -7.08% |
About Capital Infra Trust InvIT
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.
| Founded in | 2023 |
| Managing director | Ms. Deepa Rath |
| Parent organization | Gawar Construction Limited |
Financial Overview
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.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.93 |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | 5.08 |
| Employee | N/A |
| Total | 2.8 |