Capital Infra Trust Opens For Subscription Today, Check GMP And Other Details

The maiden listing is made up of a fresh issuance of 10.77 crore shares worth Rs 1,077 crore, along with an offer-for-sale (OFS) component of 5.01 crore shares coming up to Rs 501 crore. 

The price range of the issue has been fixed at Rs 99 to Rs 100 apiece.

Source : 365financialanalyst

Capital Infrastructure Trust opened the subscription window for its maiden offering for the public on January 7, 2025. The firm’s initial public offering (IPO) marks the first infrastructure investment trust (InvIT) of the year and will close for bidding on January 9, 2025.

The price range of the issue has been fixed at Rs 99 to Rs 100 apiece. Investors will need to place bids for a minimum of 150 shares in a lot and in multiples of thereafter.  The maiden listing is made up of a fresh issuance of 10.77 crore shares worth Rs 1,077 crore, along with an offer-for-sale (OFS) component of 5.01 crore shares coming up to Rs 501 crore. 

The firm plans to utilise the proceeds from the issue towards providing loans to the Project SPVs to repay or prepay the current dues, either partially or completely, including the accrued interest and prepayment penalties. Additionally, the company intends to use these funds to give loans to the Project SPVs to settle the unsecured loans they obtained from the sponsor.

HDFC Bank Limited and SBI Capital Markets Limited are acting as the lead managers for the offering, while Axis Trustee Services has been appointed as the Trustee for the issue. KFin Technologies is set to act as the registrar for the listing.

Capital Infra Trust's GMP Today

The firm’s shares have been trading at a nil premium in the grey market. This indicates no price advantage in the listing for investors in comparison to the issue price. The grey market premium reflects the confidence of investors in the issue and how well they anticipate the company to perform in the market on its debut. The grey market runs parallel to the official stock market and allows investors or traders to place bets for an issue before it begins trading on the exchanges.

[Disclaimer: Investing in the stock market involves financial risks. Please invest responsibly and only after thorough research and careful consideration. Reader discretion is advised.]