Citius
Transnet Investment Trust to open Rs 1,105 crore IPO on April 17
09 April 2026
Citius
Transnet Investment Trust IPO | Its units will be available for trading on the
bourses effective April 29.
Citius
TransNet Investment Trust, the transport sector-focused infrastructure
investment trust managed by EAAA TransInfra Managers
(part of the EAAA Alternatives platform), will open its maiden public issue
amounting to Rs 1,105 crore for subscription on April 17. The price band for
the InvIT offer has not been announced yet.
The initial public offering (IPO)
will close on April 21. The IPO share allotment will be finalised by April 24,
while Citius TransNet units will be available for
trading on the bourses effective April 29.
Citius
TransNet Investment Trust has been established with an objective to acquire,
manage and invest in a portfolio of transport infrastructure assets, including
roads, in India.
The Epic Transnet
Infrastructure-sponsored infrastructure investment trust (InvIT)
has been registered with the Securities and Exchange Board of India (SEBI) on
August 1, 2025. The Trust has received in-principle
approvals from the stock exchanges on February 3, 2026.
Up to 75 percent of the offer
size has been reserved for institutional investors, and the remainder 25
percent for non-institutional investors.
The InvIT's
initial portfolio of road assets will comprise 10 toll and annuity road
projects - spanning 3,406.71 lane-kilometers held
through special purpose vehicles (the project SPVs), and holding companies -
Epic Concesiones 3 Private Limited and SRPL Roads
Private Limited - of all project SPVs. This excludes one project SPV, Thrissur
Expressway Limited which will be held directly by the InvIT.
Currently the said project SPVs
are held directly or indirectly by alternate investment funds managed by EAAA
India Alternatives, the alternatives platform operating alternative asset
classes with assets under management (AUM) of Rs 68,175 crore as of December
2025, focusing on providing income and yield solutions to global pension funds,
insurance companies and ultra-high net worth individuals. EAAA TransInfra Managers, the investment manager, is a wholly
owned subsidiary of EAAA India Alternat...
Citius
TransNet Investment Trust will utilise Rs 1,000 crore proceeds from the IPO for
partial or full acquisition of securities of SRPL (holding company), and
certain project SPVs - Thrissur Expressway, Jorabat
Shillong Expressway, Dhola Infra Projects and Dibang
Infra Projects. And the remaining amount will be used for general purposes.