Citius Transnet moves closer to market debut with ₹1,340 crore InvIT filing

Citius Transnet filed draft papers with Sebi to raise ₹1,340 crore via an InvIT IPO, with most proceeds earmarked for acquiring transport infrastructure assets across India.

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5 days ago

Citius Transnet moves closer to market debut with ₹1,340 crore InvIT filing

Citius Transnet moves closer to market debut with ₹1,340 crore InvIT filing
Investor attention has turned to the infrastructure space after Citius Transnet Investment Trust filed its draft offer document with Sebi to raise ₹1,340 crore through an initial public offering. The proposed issue will include a strategic investor portion capped at 25 percent of the total size, with units set to list on both the BSE and NSE. Of the total proceeds, ₹1,235 crore will be used to acquire securities in SRPL and multiple project SPVs such as TEL, JSEL, Dhola, and Dibang.