Citius Transnet InvIT IPO Ends with 20x Subscription
New Delhi: The initial public offering (IPO) of Citius Transnet Investment Trust received an overwhelming response from investors, closing with a 20.43 times subscription on April 21, the final day of bidding. The strong demand reflects growing investor confidence in infrastructure investment trusts.
Sponsored by Epic Transnet Infrastructure, the InvIT aimed to raise Rs 1,105 crore through the public issue. The price band for the IPO was fixed at Rs 99-100 per unit, making it an accessible investment option for a wide range of investors.
According to data released by stock exchanges, the IPO attracted bids for 125.4 crore units against an offer size of 6.13 crore units. Demand was strong across all investor segments, indicating broad-based participation.
Institutional investors showed the highest interest, subscribing to 23.21 times their allocated portion. Meanwhile, the non-institutional investor category was subscribed 17.09 times, highlighting solid demand beyond large institutions.
The trust is managed by EAAA TransInfra Managers and focuses on infrastructure assets, a segment that has been gaining traction among investors seeking stable returns. The strong subscription numbers suggest continued appetite for such investment vehicles in the Indian market.
