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IRB InvIT Fund.

BSE: 540526 Sector: Infrastructure
NSE: IRBINVIT ISIN Code: INE183W23014
BSE 00:00 | 08 Dec 56.93 0.15
(0.26%)
OPEN

56.98

HIGH

57.35

LOW

56.51

NSE 00:00 | 08 Dec 56.98 0.29
(0.51%)
OPEN

56.95

HIGH

57.10

LOW

56.41

OPEN 56.98
PREVIOUS CLOSE 56.78
VOLUME 19312
52-Week high 60.44
52-Week low 40.10
P/E 7.48
Mkt Cap.(Rs cr) 3,305
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 56.98
CLOSE 56.78
VOLUME 19312
52-Week high 60.44
52-Week low 40.10
P/E 7.48
Mkt Cap.(Rs cr) 3,305
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

IRB InvIT Fund. (IRBINVIT) - Company History

IRB InvIT Fund (the 'Trust') is an irrevocable trust set up under the Indian Trusts Act 1882 and registered with the Securities and Exchange Board of India as an infrastructure investment trust under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations 2014.IRB InvIT is a registered infrastructure investment trust under the InvIT Regulations. The Trust 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. These toll roads are operated and maintained pursuant to concessions granted by the NHAI. It is the first listed infrastructure investment trust focused on toll-road assets in India.The Sponsor of the Trust 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 2016. The Sponsor has been listed on the Stock Exchanges since 2008. Excluding the toll-road assets that are being transferred by the Sponsor to the Trust pursuant to the Formation Transactions as of December 31 2016 the Sponsor had 16 road projects of which eight were 'operational' five were 'under construction' and three were 'under development'.

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