Investment28 Sept 2026, 08:41 pm
IRB InvIT Fund Completes Institutional Placement of 317.46 Mn Units
AI Summary
IRB InvIT Fund has successfully completed an institutional placement of 317,460,316 units at an issue price of ₹63 per unit. This price represents a discount of 1.96% (₹1.26) to the floor price of ₹64.26 per unit. The closure of the issue was approved on September 28, 2026, following the receipt of applications and funds from eligible institutional investors. The placement is in accordance with SEBI InvIT Regulations and the master circular.
Key Highlights
- Completed institutional placement of 317,460,316 units.
- Issue price set at ₹63 per unit, a 1.96% discount to floor price.
- Placement closed on September 28, 2026.
- Funds received from eligible institutional investors.
Price Impact
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