Citius TransNet InvIT IPO Closes at 10.01x Subscription
Strong Demand Response:
₹1,105 crore InvIT IPO subscribed 10.01 times April 17-21, 2026. Price band ₹99-100/unit, minimum lot 150 units (₹14,850). Raised ₹497.25 crore from 24 anchor investors pre-opening.
Portfolio Overview:
Transport-focused InvIT owns 10 operational road projects—7 toll roads, 3 annuity assets. Spans 3,406.71 lane-kilometers across 9 Indian states. Registered with SEBI August 2025.
Sponsor & Management:
Sponsored by Epic TransNet Infrastructure (formerly Watrak Infrastructure). Managed by EAAA TransInfra, ranks third among India infrastructure managers by AUM. EAAA serves global pension funds, insurance firms.
Financial Performance:
FY25 revenue ₹1,987 crore, up from ₹2,039 crore FY24. However, reported loss ₹417.75 crore FY25. Zero grey market premium indicates cautious investor sentiment. Proceeds for SPV acquisitions, general purposes.
Listing Timeline Ahead:
Allotment finalised April 24, 2026. Units credited to demat accounts April 27. Listing scheduled BSE, NSE on April 29, 2026. Axis Capital, Ambit, ICICI Securities are book runners. KFin Technologies registrar.