The Capital Infra Trust InvIT IPO is scheduled to open on January 7, 2025, and will close on January 9, 2025. This IPO is a Book Built Issue aiming to raise approximately ₹1,578 crores, comprising a fresh issue of ₹1,077 crores and an offer for sale of up to 5.01 crore equity shares with a face value yet to be disclosed.
The price band for the IPO is set between ₹99 and ₹100 per share. The allocation quota for various investor categories is:
- Retail Investors: 0%
- Qualified Institutional Buyers (QIB): 75%
- High Net-worth Individuals (HNI): 25%
The IPO allotment date is January 10, 2025, with the listing expected on both the BSE and NSE on January 14, 2025.
Financial Performance
Capital Infra Trust reported a revenue of ₹1,543.51 crores in FY 2024, down from ₹2,518.92 crores in FY 2023. The company’s net profit also declined to ₹125.77 crores in FY 2024, compared to ₹497.19 crores in FY 2023.
About Capital Infra Trust IPO
Capital Infra Trust is an Infrastructure Investment Trust (InvIT) sponsored by Gawar Construction Limited.
Key Features:
- Focus: Primarily invests in road and highway projects across India, including those developed under the Hybrid Annuity Model (HAM) with the National Highways Authority of India (NHAI).
- Sponsor: Gawar Construction Limited, a well-established player in the Indian infrastructure sector with a strong track record in road and highway construction.
- Portfolio: Holds a diversified portfolio of road and highway assets, including both operational and under-construction projects.
- Objective: To provide stable and attractive returns to investors through a combination of rental income and capital appreciation from its infrastructure investments.
Capital Infra Trust IPO Details
| Type | Details |
|---|---|
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ₹[.] Per Equity Share |
| IPO Price Band: | ₹99 to ₹100 Per Share |
| Issue Size: | Approx ₹1,578 Crores |
| Fresh Issue: | Approx ₹1,077 Crores |
| Offer for Sale: | Approx 5,01,00,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 00% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 25% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Capital Infra Trust IPO Market Lot
The Capital Infra Trust InvIT IPO has a minimum lot size of 150 shares, requiring an application amount of ₹15,000. Retail investors can apply for a maximum of 13 lots, which totals 1,950 shares for an investment of ₹1,95,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 150 | ₹15,000 |
| Retail Maximum | 13 | 1950 | ₹1,95,000 |
| S-HNI Minimum | 14 | 2,100 | ₹2,10,000 |
| B-HNI Minimum | 67 | 10,050 | ₹10,05,000 |
Capital Infra Trust IPO Dates
The Capital Infra Trust InvIT IPO is scheduled to open for subscription on January 7, 2025, and will close on January 9, 2025. The allotment of units will be finalized on January 10, 2025, with the listing date set for January 14, 2025.
| Category | Date |
|---|---|
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| IPO Listing Date: | January 14, 2025 |
Capital Infra Trust IPO Company Financial Report
The company reported a revenue of ₹1,543.51 crores in 2024, a decline from ₹2,518.92 crores in 2023. Additionally, the company’s profit for 2024 stood at ₹125.77 crores, significantly lower compared to ₹497.19 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹1,981.42 | ₹1,813.34 | ₹125.56 | ₹2,502.8 |
| 2023 | ₹2,518.92 | ₹1,853.84 | ₹497.19 | ₹4,283.33 |
| 2024 | ₹1,543.51 | ₹1,368.64 | ₹125.77 | ₹4,724.07 |
| September 2024 | ₹792.27 | ₹635.97 | ₹115.43 | ₹4,905.26 |
Capital Infra Trust IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹- (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NA | – | – | – | – | – Cr. |
| NA | – | – | – | – | – Cr. |
Objects of the Issue
The provision of loans to the Project Special Purpose Vehicles (SPVs) for the repayment or pre-payment of external borrowings, either in full or in part, including any accrued interest and prepayment penalties. Additionally, loans may be provided to the Project SPVs for settling unsecured loans taken from the Sponsor.
Capital Infra Trust IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: nationalinfra.units@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Hdfc Bank Limited
- SBI Capital Markets Limited
Company Address
Capital Infra Trust
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/
FAQs on Capital Infra Trust
The price band for the Capital Infra Trust IPO was ₹99 to ₹100 per share.
The company aimed to raise ₹1,578 crores through the IPO.
The IPO opened for subscription on January 7, 2025, and closed on January 9, 2025.
The allotment date for the Capital Infra Trust IPO was January 10, 2025.
The shares of Capital Infra Trust are expected to list on the BSE and NSE on January 14, 2025.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute investment advice.
