Capital Infra Trust InvITs IPO Details

The bidding for the Capital Infra Trust InvITs IPO open on Tuesday, January 7, 2025, and   close on Thursday, January 9, 2025. On Friday, January 10, 2025, the allocation for the Capital Infra Trust InvIT IPO is anticipated to be finalized. The tentative listing date for the Capital Infra Trust InvIT IPO is set for Tuesday, January 14, 2025, and it will be listed on the NSE and BSE.

This is a book-built issue, the Capital Infra Trust InvITs IPO. The business plans to generate about ₹1578 crores through an initial public offering (IPO), that comprises Total Issue Size 15,78,00,000 shares ( ₹1578 crores) fresh issue of 10,77,00,000 shares, ₹1077 crores and offer for sale 5,01,00,000 shares, ₹501crores with face value of ₹. each.

The price range for Capital Infra Trust InvIT’s IPO is ₹99 to ₹100 per share. The minimum lot size for an application is 150 Shares. Retail investors must make a minimum investment of ₹15,000, for B-HNI, the minimum lot size investment is 67 lots (10050 shares), or ₹10,00,500, and for S-HNI, it is 14 lots (2100 shares), or ₹ 2,10000. The retail quota is 10%, QIB is 75%, and HNI is 25%.

In 2024, the company’s revenue was ₹1,543.51crores, compared to ₹2,518.92 crores in 2023. The company’s 2024 profit was ₹125.77 crores, compared to ₹497.19 crores in 2023.

Capital Infra Trust InvIT IPO Details-

Symbol	CAPINVIT
Issue Period	07-Jan-2025 to 09-Jan-2025
Listing Date	Tuesday, January 14, 2025
Price Range	₹99 to ₹100 per share
Lot Size	150 Shares and in multiples thereof
Total Issue Size	15,78,00,000 shares, ₹1578 crores
Fresh Issue	10,77,00,000 shares, ₹1077 crores
Offer for Sale	5,01,00,000 shares, ₹501crores
Issue Type	Book Built Issue InvITs
Retail Quata	.
NII Quata	25%
QIB Quata	75%
Employee Discount	no

 

Capital Infra Trust InvIT IPO Schedule (Provisional) –

Capital Infra Trust InvIT IPO is scheduled to open on Tuesday, January 7, 2025

and close on Thursday, January 9, 2025. IPO listing will take place on Tuesday, January 14, 2025.

IPO Open Date	January 7, 2025
IPO Close Date	January 9, 2025
Basis of Allotment	January 10, 2025
Refund Process start	January 13, 2025
Share Credit to Demat	January 13, 2025
Listing Date	January 14, 2025
IPO Market Timings	10.00 a.m. to 5.00 p.m.

 

Capital Infra Trust InvIT IPO Market Lot Size –

The Capital Infra Trust InvIT IPO minimum lot size is 150 Shares with ₹14500 application amount. Investors can bid for a minimum of 50 Shares and in multiples thereof. The minimum and maximum shares and amounts that retail investors and HNI can invest are shown in the table below.

Application	Lot Size	Shares	Amount
Retail Minimum	1	50	₹15000
Retail Maximum	13	1950	₹1,95,000
S-HNI Minimum	14	2100	₹2,10,000
S-HNI Maximum	66	9900	₹9,90,000
B-HNI Minimum	67	10050	₹10,05,000

 

Capital Infra Trust InvIT IPO Promoters –

The Promoters of the Company To be updated soon

 

Capital Infra Trust InvIT Limited Financial Details –

The company reported Profit of ₹125.77 crores in financial year 2024 compared to Profit of ₹497.19 crores in financial year 2023. The company reported revenue of ₹1,543.51crores in 2024 compared to ₹1,981.42 crore in 2023.

Period Ended	31-Mar-2024	31-Mar-2023		31-Mar-2022
Revenue	1,543.51	2,518.92		1,981.42
Profit After Tax	125.77	497.19		125.56
Net Worth	Na	Na		Na
Expense	1,368.64	1,853.84		1,813.34
Total Debt	Na	Na		Na
					Amount in Crores ₹

 

Capital Infra Trust InvIT IPO Key Performance Indicator (KPI) –

Capital Infra Trust InvIT ROCE is -%, Pre IPO EPS is -.

KPI	Values
ROE	-%
ROCE	-%
Return on Net Worth (RoNW)	-%
PAT Margin	-%
EBITDA Margin	-%
EPS	-%
P/E Ratio	-%
Price to Book Value	-%
Debt to equity	-%

 

Capital Infra Trust InvIT IPO Analysis – Optional

Canara Bank	Share india securities
Choice Broking	Nirmal Bang
DRChoksey FinServ	Reliance Securities
Emkay Global	SBICAP Securities
Geojit	Sharekhan
Hem Securities	SMC Global
ICICIdirect	Sushil Finance
IDBI Capital	Swastika Investment
Marwadi Shares	Ventura Securities

 

Capital Infra Trust InvIT Peer Group –

Company	EPS	PE Ratio
Na	–	–
Na	–	–
Na	–	–
Na	–	–

 

 

Book Running Lead Managers	SBI Capital Markets Limited and HDFC Bank Limited
Syndicate Members	SBICAP Securities Limited and HDFC Securities Limited
Sponsor Bank	Kotak Mahindra Bank Limited and Axis Bank Limited
Categories	“FI, IC, MF, FII, OTH, CO, IND and NOH”

 

Company’s Contact Details

Capital Infra Trust InvIT Limited Unit No. 1401-1403, 14th Floor, Tower B, SAS Tower, Medicity, Sector-38-Gurugram-122001 Phone: +0124 4920139 Email: compliance@capitalinfratrust.com Website: https://www.capitalinfratrust.com/

 

IPO Registrar’s Details

KFin Technologies Limited Phone: 04067162222, 04079611000 Email: nationalinfra.units@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/

 

About Capital Infra Trust InvIT –

Capital Infra Trust was founded in 2023. Capital Infra Trust is an infrastructure investment trust sponsored by Gawar Construction Limited. The Trust has been registered with the SEBI as an InvIT under the SEBI InvIT Regulations. Capital Infra Trust manages a diversified portfolio of Infrastructure assets through Special Purpose Vehicles (SPVs). Our operational highway projects function as independent entities within the InvIT umbrella. This structure offers several advantages: it isolates financial risk for each project, protects investor assets, and streamlines project management. InvIT fosters a balance between portfolio diversification and project-level control, ensuring efficient management and long-term value creation for investors.

This structure offers three key benefits: Isolation, Efficiency, and Security. By isolating financial risk for each project, streamlining management, and pooling of cash flow InvIT ensures protection of investor assets and contributes to long-term portfolio value.

Gawar Investment Manager Private Limited is the investment manager of the Trust. Investment Manager is managed by a qualified and experienced Executive Management team in addition to a credible Board comprised of industry veterans. The sponsoring company specializes in constructing road and highway projects across 19 states in India for various government bodies, including the NHAI, MoRTH, MMRDA, and CPWD. On November 11, 2024, the Trust was assigned a ‘Provisional CRISIL AAA/Stable’ rating by CRISIL Ratings Limited for its NCD(s) and proposed long-term bank loan facility. Since 2008 Gawar Construction Limited has finished 100 projects and this company is handling a total of 26 projects under the Hybrid Annuity Model (HAM) with the National Highways Authority of India (NHAI).

Axis Trustee Services Limited is the Trustee of the Trust. The Trustee is a wholly-owned subsidiary of Axis Bank Limited engaged in providing corporate and other trusteeship services registered with SEBI under the Securities and Exchange Board of India (Debenture Trustee) Regulations, 1993 having registration number IND000000494 as a Debenture Trustee.

 

Objects of the Issue –

1. Providing loans to the Project SPVs for repayment/pre-payment of external borrowings, in part or in full from the financial lenders (including any accrued interest and prepayment penalty); and
2. Providing loans to the Project SPVs for repayment of unsecured loans availed by the Project SPVs from the Sponsor.

Strengths –

• Strong sector fundamentals supported by favorable government policies.
• Opportunities to expand through Sponsor’s and third-party project acquisitions.
• Experienced management with a focus on corporate governance.
• NHAI hybrid annuity projects hedge against adverse interest rate risks.
• Stable, revenue-generating assets with no construction risk and long-term cash flows.
• Diversified road portfolio across multiple geographies and revenue sources.

Risks –

• Revenues are dependent on NHAI annuity income.
• Lack of new assets could have an impact on distributions and finances.
• Poor road upkeep might result in fines or dismissal.
• Acquisitions of ROFO SPVs are risky.
• Delays or problems from other parties could affect operations.

Capital Infra Trust InvIT IPO FAQs–

 What is Capital Infra Trust InvIT IPO?

Capital Infra Trust InvIT IPO is a Mainline IPO. The company plans to raise ₹1578 crores through an initial public offering. The issue is priced at ₹99 to ₹100 per share. The IPO is to be listed on BSE & NSE.

When Capital Infra Trust InvIT IPO will open and close?

The Capital Infra Trust InvIT IPO opens on Tuesday, January 7, 2025 and closes on Thursday, January 9, 2025.

What is Capital Infra Trust InvIT IPO Lot Size?

Capital Infra Trust InvIT IPO lot size is 150 Shares, and the minimum amount required is Rs. 15,000.

What is Capital Infra Trust InvIT IPO Price Band?

Capital Infra Trust InvIT IPO Price Band is ₹99 to ₹100 per equity share.

What is the Capital Infra Trust InvIT IPO Allotment Date?

The Allotment for the Capital Infra Trust InvIT IPO will be finalized on Friday, January 10, 2025, and the allotted shares will be credited to your DEMAT account by Monday, January 13, 2025.

What is the Capital Infra Trust InvIT IPO Listing Date?

Capital Infra Trust InvIT IPO listing date is Tuesday, January 14, 2025.

How to Apply the Capital Infra Trust InvIT IPO?

You can use your bank account to apply for the Capital Infra Trust InvIT IPO online through ASBA. Additionally, you can apply for ASBA online through your stock brokers using UPI. By completing the offline application, you can also apply through your stock brokers.

How to apply in the IPO?

To apply in the IPO, you need to have a brokerage account. Once the IPO opens, you can place an order through your broker, specifying the number of shares you want. Make sure to check the IPO prospectus for details on pricing and allocation.

What documents are required to apply in the IPO?

To apply in the IPO, you typically need a valid photo ID, proof of address, and your brokerage account details. If you’re applying as an institution, additional documentation may be required.

Can anyone apply in the IPO?

Yes, anyone with a brokerage account can apply in the IPO. However, certain IPOs may have restrictions based on the investor’s profile or the allotment process, so check with your broker for specific guidelines on how to apply in the IPO.