ISSUE STRUCTURE
Issuer
IRB InvIT Fund
Issue Size (Rs)*:
Fresh Issue: Rs. 4,300 Crs. and Offer for Sale of Rs. 34,761,770.
Face Value:
NA
Price Band:
Rs.100 - Rs.102 per Unit
Minimum Lot:
10,000 units and in multiples of 5,000 units hereafter
Minimum Application Amount:
Rs. 10,00,000 at lower band and Rs. 10,20,000 at upper band
Listing:
BSE, NSE
Offer Opens on
Wednesday, May 03, 2017
Offer Closes on
Friday, May 05, 2017
Company Profile
IRB InvIT Fund is aregistered infrastructure investment trust under the InvIT Regulations. It primarily intends to own, operate and maintain a portfolio of six toll-road assets in the Indian states of Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu.
Sponsor is 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.
Investor Category Allocation
QIB*: 75% of the issue size (3,42,247,797 Units)
HNI*: 25% of the issue size(11,40,82,599 Units)
* Upper Band
Issuer
IRB InvIT Fund
Issue Size (Rs)*:
Fresh Issue: Rs. 4,300 Crs. and Offer for Sale of Rs. 34,761,770.
Face Value:
NA
Price Band:
Rs.100 - Rs.102 per Unit
Minimum Lot:
10,000 units and in multiples of 5,000 units hereafter
Minimum Application Amount:
Rs. 10,00,000 at lower band and Rs. 10,20,000 at upper band
Listing:
BSE, NSE
Offer Opens on
Wednesday, May 03, 2017
Offer Closes on
Friday, May 05, 2017
Company Profile
IRB InvIT Fund is aregistered infrastructure investment trust under the InvIT Regulations. It primarily intends to own, operate and maintain a portfolio of six toll-road assets in the Indian states of Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu.
Sponsor is 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.
Investor Category Allocation
QIB*: 75% of the issue size (3,42,247,797 Units)
HNI*: 25% of the issue size(11,40,82,599 Units)
* Upper Band
No comments:
Post a Comment