return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. Citius TransNet InvIT IPO: Price band set at ₹99 to ₹100 per unit, issue opens on April 17; check details

Market News

Citius TransNet InvIT IPO: Price band set at ₹99 to ₹100 per unit, issue opens on April 17; check details

Upstox
By Upstox News Desk

2 min read | Updated on April 15, 2026, 08:55 IST

Google
SelectUpstoxas yourPreferred news source
Copy link
Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Citius TransNet InvIT IPO: The issue will be solely a fresh issuance of 11.05 crore units, with no offer for sale (OFS) component.

Citius TransNet Investment Trust (Trust) is established to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in the country. | Image: citiustransnet.in

Citius TransNet Investment Trust (Trust) is established to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in the country. | Image: citiustransnet.in

Citius TransNet InvIT IPO: Citius TransNet Investment Trust, a transport sector-focused infrastructure investment trust (InvIT), has set a price band of ₹99 to ₹100 per unit for its ₹1,105-crore initial public offering (IPO). The initial share sale will open on April 17 and conclude on April 21.

Open FREE Demat Account within minutes!
Join now

The issue will be solely a fresh issuance of 11.05 crore units, with no offer for sale (OFS) component.

The net proceeds will be used for partial or full acquisition of securities of SRPL Roads Pvt Ltd and certain identified project special purpose vehicles (SPVs)--Thrissur Expressway Ltd, Dhola Infra Projects Private Ltd, Dibang Infra Projects Private Ltd and Jorabat Shillong Expressway Ltd-- and general purposes.

Citius TransNet Investment Trust (Trust) is established to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in the country.

The portfolio assets comprise a total of 3,406.71 lane kms (seven toll assets spanning more than 3,043.22 lane kms, and three annuity assets spanning more than 363.49 lane kms) across nine different states, according to the offer document.

The sponsor of the Trust is Epic TransNet Infrastructure Private Limited. The sponsor is fully owned by funds under Infrastructure Yield Trust -- Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II. These funds are managed by EAAA India Alternatives Ltd (EAAA).

On the financial front, the Trust's revenue from operations was ₹1,496.36 crore, and the net cash flow from operating activities was ₹782 crore for the nine months ended December 31, 2025.

Citius TransNet InvIT IPO: Allotment and listing date

EventDate
Subscription periodApril 17 to April 21
Basis of allotmentApril 24
Initiation of RefundsApril 27
Credit of Shares to DematApril 27
Listing dateApril 29
ALSO READ | Jindal Supreme India files DRHP with SEBI to raise funds via IPO

The trust has reserved 75% of the issue for qualified institutional buyers (QIBs) and 25% for non-institutional investors (NIIs).

Axis Capital, Ambit and ICICI Securities are the book-running lead managers of the issue. The units are proposed to be listed on the BSE and the NSE.

With PTI inputs
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story