Capital Infra Trust is set to launch Rs 15.78 billion IPO

January 6, 2025

Capital Infra Trust, formerly National Infrastructure Trust, is set to launch its IPO to raise Rs 15.78 billion. The price band for the issue is Rs 99-100 per unit, scheduled for 7 January 2025. The issue comprises a fresh issue of Rs 10.77 billion and an offer for sale of Rs 5.01 billion. The proceeds from the raise will be utilised to repay SPVs’ debt by providing them with loans. Gawar Investment Manager Private Limited has been appointed as the Investment Manager of the infrastructure investment trust (InvIT), and Gawar Construction Limited has been appointed as the sponsor.