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Capital Infra Trust Invit : Capital Infra Trust Invit shares get listed at the same price as issue price at ₹99!

News by Aliceblue News Desk

17 Jan 2025

Capital Infra Trust Invit : Capital Infra Trust Invit shares get listed at the same price as issue price at ₹99!

Capital Infra Trust Invit debuted flat on NSE and BSE, listing at ₹99 per unit, matching its issue price. The steady debut reflects balanced market demand for its infrastructure-focused offerings and long-term investment potential.

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Capital Infra Trust InvIT garnered a 2.80x subscription on Day 3, indicating good investor interest. This reflects strong market confidence in the company’s growth prospects and future opportunities, signaling a reserved yet optimistic outlook on its long-term potential in the infrastructure sector.

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Capital Infra Trust, established in September 2023 and sponsored by Gawar Construction, is an InvIT focused on road and highway projects across 19 states. Managing 26 projects, it boasts strong creditworthiness with a ‘Provisional CRISIL AAA/Stable’ rating.

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Capital Infra InvIT aims to provide loans to Project SPVs for repaying external borrowings, prepayment penalties, and unsecured loans from the Sponsor, ensuring debt reduction and financial stabilization for road and highway infrastructure projects.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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