Citius TransNet Investment Trust

Citius TransNet Investment Trust

OPEN

IPO Date: 17 Apr - 21 Apr 2026

Listing Date: 29 Apr 2026

Price Range

Rs.99 - Rs.100

Issue Size

1105 Cr

Min Investment

₹14,850

Lot Size

150 Shares

View IPO Document

Schedule of Citius TransNet Investment Trust

Issue open date

17 Apr 2026

Issue close date

21 Apr 2026

UPI mandate deadline

21 Apr 2026 (5 PM)

Allotment finalization

24 Apr 2026

Share credit

27 Apr 2026

Listing date

29 Apr 2026

Mandate end date

6 May 2026

Issue size

Funds Raised in the IPOAmount
Overall1105 Cr
Fresh Issue1105 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date24 Apr 2026
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.

DateIpo PriceGMPEstimated Listing Price
16 Apr 2026₹100₹0₹100 (0%)
15 Apr 2026₹100₹0₹100 (0%)
14 Apr 2026₹100₹0₹100 (0%)
13 Apr 2026₹100₹0₹100 (0%)
12 Apr 2026₹100₹0₹100 (0%)
11 Apr 2026₹100₹0₹100 (0%)
10 Apr 2026₹100₹0₹100 (0%)
9 Apr 2026₹100₹0₹100 (0%)

Performance Citius TransNet Investment Trust

Issue PriceListing GainCurrent Market PriceP/L
Rs.99 - Rs.100............

About Citius TransNet Investment Trust

Note: As per regulations, application cancellation is not allowed for any category. CITIUS is a transport sector-focused infrastructure investment trust that acquires, manages, and invests in transport infrastructure assets, primarily road projects in India. It operates through a portfolio of toll and annuity-based road assets held via project special purpose vehicles (SPVs) and holding companies. It is responsible for managing these assets, including toll collection, annuity income, and maintenance through a project manager. Subject to completion of the formation transactions, its initial portfolio is proposed to comprise 10 toll and annuity road projects spanning 3,406.71 lane-kilometres across nine Indian states. The trust was registered with SEBI as an infrastructure investment trust (InvIT) on August 1, 2025, and operates through its sponsor group, with an investment manager overseeing investment activities and a project manager responsible for operations, maintenance, and compliance with concession agreements. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: For partial or full acquisition (or as applicable, redemption) of securities of a) SRPL; and b) certain identified Project SPVs, namely TEL, JSEL, Dhola and Dibang — Rs 1,000 crore General corporate purposes

Founded in2025
Managing directorMr. Rahul Ranjan Choudhary
Parent organization

Financial Overview

Strengths

  • Diversified portfolio of 10 road assets across multiple states reduces concentration risk.
  • Strong operational history with several toll assets operating for over 5–12 years.
  • Revenue mix includes both toll and annuity income, providing cash flow visibility.
  • Large road network of over 3,400 lane kilometres supports scale and revenue generation.
  • Backed by an experienced sponsor and investment manager with strong infrastructure expertise.

Risks

  • The Trust has no operating track record and may not achieve expected performance.
  • Past losses may continue and negatively impact financial condition and cash flows.
  • Revenue is concentrated in a few SPVs, increasing dependency risk.
  • Dependence on annuity payments from government authorities exposes payment risk.
  • Financial projections and statements may not reflect future performance accurately.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)0.3
Non-Institutional Investors (NIIs)1.09
Retail Individual Investors (RIIs)N/A
EmployeeN/A
Total0.66