The much-anticipated Capital Infra Trust InvIT IPO is set to list its units on the stock exchanges BSE and NSE on January 17, 2025. This infrastructure investment trust (InvIT) garnered substantial interest from investors during its subscription period, which ran from January 7 to January 9.
Here’s everything you need to know about the IPO, grey market premium (GMP) signals, subscription details, and what experts are forecasting about the listing performance.
Overview of Capital Infra Trust InvIT IPO
Capital Infra Trust InvIT, a key player in infrastructure investments, launched its IPO to pool funds for managing income-generating infrastructure assets. The IPO aimed to raise ₹1,578 crore, split between a fresh issue of 10.77 crore units worth ₹1,077 crore and an offer for sale of 5.01 crore units aggregating to ₹501 crore.
| Key Details | Capital Infra Trust InvIT IPO |
|---|---|
| Issue Price Band | ₹99 to ₹100 per unit |
| IPO Subscription Dates | January 7 to January 9, 2025 |
| Allotment Finalized | January 10, 2025 |
| Listing Date | January 17, 2025 |
| Stock Exchanges | BSE and NSE |
| IPO Subscription | 2.80 times |
Grey Market Premium (GMP) Insights
The Grey Market Premium (GMP) for Capital Infra Trust InvIT IPO stands at ₹0 per share on the listing date, according to market observers. Unlike shares of other companies, InvITs are not actively traded in the grey market due to their unique structure and nature.
Analysts suggest that while the GMP might not indicate strong speculative demand, the units could still debut at a premium to the issue price of ₹99-100 per unit, reflecting investor confidence in the infrastructure investment space.
Subscription Stats and Investor Interest
The Capital Infra Trust InvIT IPO received a warm response, with an overall subscription of 2.80 times.
- Retail Investors: Strong participation, indicating positive sentiment.
- Qualified Institutional Buyers (QIBs): A significant share of the subscription came from institutional investors.
- Non-Institutional Investors (NIIs): Also showed keen interest in the IPO.
These figures highlight broad-based demand, especially for a niche investment product like InvITs.
Why This Listing Matters
Infrastructure Investment Trusts (InvITs) like Capital Infra Trust are unique vehicles that pool funds from investors to own, operate, and manage income-generating infrastructure assets. They offer regular returns and are seen as a steady investment option.
The listing of Capital Infra Trust InvIT units provides an opportunity for both institutional and retail investors to tap into the infrastructure sector, which remains a critical driver of India’s economic growth.
Steps to Check the Listing and Download Hall Ticket
- Visit the Official Website: Navigate to ossc.gov.in.
- Login: Enter your credentials to access your allotment status and listing details.
- Check Listing Price: Monitor the stock exchanges (BSE/NSE) for live updates on the listing price.
Expert Opinions on the Listing
Analysts are optimistic about the long-term performance of Capital Infra Trust InvIT units due to the growing focus on infrastructure development in India. However, they caution investors to consider the limited liquidity and unique risk profile of InvITs compared to traditional equity investments.
FAQs
What is the Capital Infra Trust InvIT IPO listing date?
The units will list on January 17, 2025, on both BSE and NSE.
What is the IPO issue price?
The price band for the IPO was set at ₹99 to ₹100 per unit.
What is the GMP for Capital Infra Trust InvIT IPO?
The GMP is ₹0 per share on the listing date, indicating no speculative activity in the grey market.
What is the significance of InvITs?
InvITs are investment vehicles that allow investors to participate in income-generating infrastructure projects, offering steady returns and diversification.
How was the IPO subscribed?
The IPO was subscribed 2.80 times, with strong participation from retail and institutional investors.
Which exchanges will list the units?
The units will be listed on BSE and NSE.
What should investors expect from the listing?
While the GMP is neutral, analysts predict a potential premium listing due to strong fundamentals and investor interest.
Can I trade InvIT units like regular shares?
Yes, InvIT units can be traded on stock exchanges like shares, but liquidity may be relatively lower.
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