Capital Infra Trust Invit

NiftyTrader • January 3, 2025

Post Views: 97

Capital Infra Trust Invit opens for subscription on January 7, 2025 and closes on January 9, 2025. The allotment for the Quadrant Future Tek IPO is expected to be finalized on Friday, January 10, 2025. Quadrant Future Tek IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, January 14, 2025.

Capital Infra Trust Invit price band is set at ₹99 to ₹100 per share. The minimum lot size for an application is 150. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (2,100 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (10,050 shares), amounting to ₹10,05,000.

Capital Infra Trust Invit is a book built issue of Rs 1,578.00 crores. The issue is a combination of fresh issue of 10.77 crore shares aggregating to Rs 1,077.00 crores and offer for sale of 5.01 crore shares aggregating to Rs 501.00 crores.

Capital Infra Trust Invit Details

IPO Date	January 7, 2025 to January 9, 2025
Listing Date	[.]
Face Value	₹ per share
Price	₹99 to ₹100 per share
Lot Size	150 Shares
Total Issue Size	15,78,00,000 shares (aggregating up to ₹1,578.00 Cr)
Fresh Issue	10,77,00,000 shares (aggregating up to ₹ 1,077.00 Cr)
Offer for Sale	5,01,00,000 shares of ₹ (aggregating up to ₹501.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Capital Infra Trust Invit Lot Size

Investors can bid for a minimum of 150 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	150	₹15,000
Retail (Max)	13	1950	₹1,95,000
S-HNI (Min)	14	2,100	₹2,10,000
S-HNI (Max)	66	9,900	₹9,90,000
B-HNI (Min)	67	10,050	₹10,05,000

Capital Infra Trust Invit Objectives

The Offer Proceeds will be utilised towards the following objects

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
Providing loans to the Project SPVs for repayment of unsecured loans availed by the Project SPVs from the Sponsor.

About Capital Infra Trust

Established in September 2023, Capital Infra Trust is an infrastructure investment trust sponsored by Gawar Construction Limited. The InvIT was established to engage in activities and make investments as an infrastructure investment trust, as allowed under the SEBI InvIT Regulations.

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.

As of December 2024, the sponsor company’s portfolio of 26 road projects on a hybrid annuity mode (“HAM”)with NHAI, of which 11 are completed projects, including the five acquired assets which Sadbhav Infrastructure Project Limited erstwhile owned, and 15 under-construction projects.

The Trust received a rating of ‘Provisional CRISIL AAA/Stable (Assigned)’ from CRISIL Ratings Limited for the Trust NCD(s) and proposed long-term bank loan facility on November 11, 2024.

Capital Infra Trust Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,905.26	4,724.07	4,283.33	2,502.8
Revenue	792.27	1,543.51	2,518.92	1,981.42
Profit After Tax	115.43	125.77	497.19	125.56
				Amount in ₹ Crore

Capital Infra Trust Invit Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not More than 75% of the Net Issue
Retail Shares Offered	Not less than 25% of the Offer

Capital Infra Trust Invit Timeline (Tentative Schedule)

Capital Infra Trust Invit opens on January 7, 2025, and closes on January 9, 2025.

IPO Open Date	Tuesday, January 7, 2025
IPO Close Date	Thursday, January 9, 2025
Basis of Allotment	Friday, January 10, 2025
Initiation of Refunds	Monday, January 13, 2025
A credit of Shares to Demat	Monday, January 13, 2025
Listing Date	Tuesday, January 14, 2025
Cut-off time for UPI mandate confirmation	5 PM on January 9, 2025