Citius'TransNet'Investment'Trust'InvIT'lists'at'premium

Units'of'Citius'TransNet'Investment'Trust'were'currently'trading'at'Rs'105.10'at'10:11'IST'on'the'BSE,'representing'a'premium'of'5.10%'as'compared'with'the'issue'price'of'Rs'100.

The'stock'debuted'at'Rs'104.50,'marking'a'premium'of'104.5%'to'the'issue'price.

So'far,'the'stock'has'hit'a'high'of'Rs'105.50'and'a'low'of'Rs'104.50.

' The'initial'public'offer'of'Citius'TransNet'Investment'Trust'InvIT'IPO'received'bids'for'61,43,59,800'units'as'against'6,13,88,860'units'on'offer.'The'issue'was'subscribed'10.01'times.

The'issue'opened'for'bidding'on'Friday'17'April'2026'and'it'closed'on'21'April'2026.'The'price'band'of'the'IPO'was'fixed'at'Rs'99'per'unit'to'100'per'unit.'

The'InvIT'IPO'comprised'fresh'units'worth,'aggregating'up'to'Rs'1,105'crore.

The'proceeds'from'the'offer'will'be'utilized'towards'the'partial'or'full'acquisition'(or,'as'applicable,'redemption)'of'securities'of'(a)'SRPL'and'(b)'certain'identified'project'SPVs,'namely'TEL,'JSEL,'Dhola,'and'Dibang,'as'well'as'for'general'purposes.

Ahead'of'the'IPO,'Citius'TransNet'Investment'Trust'on'16'April'2026,'the'company'raised'Rs'497.24'crore'from'anchor'investors'by'allotting'4.97'crore'units'at'Rs'100'per'unit'to'24'anchor'investors.

Citius'Transnet'Investment'Trust'is'an'infrastructure'investment'trust'focused'on'the'transport'sector'in'India.'The'company'acquires,'manages,'and'invests'in'transport'infrastructure'assets'such'as'roads.'The'sponsor'of'the'Trust'is'Epic'TransNet'Infrastructure'(formerly'known'as'Watrak'Infrastructure).'Its'initial'portfolio'comprises'10'operational'road'projects'(7'toll'roads'and'3'annuity'assets)'spread'across'nine'states,'totaling'3,406.71'lane-kilometers.

In'FY25,'the'trust'posted'a'loss'of'Rs'417.75'crore,'with'revenue'from'operations'at'Rs'1,987.04'crore.