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IRB InvIT Fund InvIT IPO

Mainline3 May 20175 May 2017
Open
3 May 2017
Close
5 May 2017
3
Allotment
Listing
Thu, May 18, 2017
Price Band
₹100.00 to ₹102.00
Issue Size
49,34,20,000 shares (agg. up to ₹5,033 Cr)
Lot Size
10,000 Shares
Listing Date
Thu, May 18, 2017
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total4.64x

Restated Financials (₹ Cr.)

Period Ended31 Mar 201831 Mar 2017
Assets7,367.73
Total Income515.69
Profit After Tax440.22
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment in the Project SPVs by way of an issue of debt4,200.00
2General purposes0.14

About IRB InvIT Fund InvIT

IRB InvIT Fund is a registered infrastructure investment trust under the InvIT Regulations. They primarily intend to own, operate and maintain a portfolio of six toll - road assets in the Indian states of Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu. These toll roads are operated and maintained pursuant to concessions granted by the NHAI.IRB InvIT Fund, which is sponsored by road developer IRB Infrastructure Developers Limited, one of the largest infrastructure development and construction companies in India in terms of net worth in the roads and highways sector according to the NHAI's annual prequalification for public private partnerships in national highway projects report for 2015.These toll roads projects are Bharuch–Surat NH 8, Jaipur–Deoli NH 12, Surat–Dahisar NH 8, Tumkur–Chitradurga NH 4, Omalur–Salem–Namakkal NH 7 and Talegaon–Amravati NH 6. While Surat-Dahisar and Bharuch-Surat project has concession period tenure till January 2022 and Omalur-Salem-Namakkal till August 2026, other projects have concession tenures ending in June 2037. Sponsor has 22 BOT road projects on hand as on 31st December 2016 out of which 14 are operational, 5 are under construction an

Contact Details

IRB InvIT Fund AddressIRB Complex, Chandivali Farm,Chandivali Village,Andheri (E),Mumbai, Maharashtra, 400072022 6640 4299info@irbinvit.co.inVisit Website