Capital Infra Trust, earlier known as National Infrastructure Trust (NIT), will open its initial public offering (IPO) for subscription on January 07, 2025. The issue will close on January 09, 2024.
The infrastructure investment trust (InvIT), sponsored by Gawar Construction, plans to raise Rs 15.78 billion, which comprises of fresh issuance of units worth upto Rs 10.77 billion, and an offer-for-sale (OFS) of Rs 5.01 billion worth units by the sponsor selling unitholder. It has reserved up to 75 per cent of the offer size for institutional investors, and up to 25 per cent for non-institutional investors.