IRB InvIT Fund IPO

Closed

Subscription Details

  • Open Date 03 May
  • Close Date 05 May
  • Lot Size 10000
  • IPO Size ₹ 5032.88 Cr
  • IPO Price Range ₹ 102
  • Min Investment ₹ 1020000

IRB InvIT Fund IPO Timeline

Open Date
03 May
Close Date
05 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of 449,779,291 units (The Units) representing an undivided bebeficial interest in the IRB InvIT Fund (The Trust) consisting of fresh issue of 421,568,627 unit, at a price of Rs. 102 per unit, aggregating to Rs. 4300.00 crores by the trust (The Fresh Issue) and an offer for sale of 28,210,664 units, aggregating to Rs. 287.75 crores, by IRB Infrastructure Developers Limited (The Sponsor), Modern Road Makers Private Limited, Aryan Toll Road Private Limited, ATR Infrastructure Private Limited and Ideal Road Builders Private Limited (Collectively, The Selling Unitholders) (The Offer for Sale and together with the fresh issue, The Issue). IRB Infrastructure Private Limited (The Investment Manager), in consultation with the Global co-ordinators and book running lead managers (The GCBRLMS) and the book running lead managers (The BRLM), and the trustee, has, pursuant to the retention of oversubscription amounting to 9.70% of the issue size, issued 43,640,709 units, aggregating to Rs. 445.14 crores (The Oversubscription, and together with the issue, the Total Issue) in accordance with The Securities and Exchange Board of India (Infrastructure Investment Trust) regulations, 2014, as amended, together with any guidelines, circulars, clarification and notifications issued thereunder, including SEBI Circular No.CIR/IMD/DF/55/2016 dated may 11, 2016 (InvIT Regulations). The total issue consists of 493,420,000 units at a price of Rs. 102 per unit, aggregating to Rs. 5032.88 crores. The total issue constitutes at least 25% of the total outstanding units on a post-issue basis terms of regulation 14(1A) of the InvIT Regulation. The issue price : Rs. 102 per unit Anchor Investor and Strategic Investor issue price : Rs. 102 per unit.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of IRB InvIT Fund IPO

Contact Information

Address

IRB Complex Chandivali Farm,
Chandivali Village Andheri (E),
Mumbai, Maharashtra 400072

Open Demat Account