Capital Infra Trust Raises ₹1,115 Cr Via QIP for Asset Acquisition

Capital Infra Trust (CIT) has successfully raised ₹1,115 crore through a Qualified Institutional Placement (QIP). The issue price was ₹75.25 per unit, representing a 2.36% discount to the floor price. The QIP saw participation from a wide range of domestic institutional investors, including mutual funds, pension funds, and insurance companies. The funds raised will be utilized for the acquisition of six operational Hybrid Annuity Model (HAM) road assets, expanding CIT's portfolio from 12 to 18 assets. These acquisitions are expected to add approximately 181 km of road assets and enhance the scale and quality of the portfolio, strengthening cash flow visibility for unitholders.