Investment29 Sept 2026, 08:56 am
IRB InvIT Fund Raises ₹2000 Cr via Institutional Placement
AI Summary
IRB InvIT Fund has successfully completed an institutional placement, issuing 317,460,316 units at ₹63 per unit, raising ₹20,000 million (₹2,000 Crs). This placement, which opened on September 24, 2026, and closed on September 28, 2026, saw approval from the committee of the board of directors of IRB Infrastructure Private Limited on September 29, 2026. The issue price included a discount of ₹1.26 per unit from the floor price. Following this placement, the total unitholding capital of the Trust now comprises 1,653,060,316 units. The overall fundraise for IRB InvIT Fund, including a preferential allotment of ₹351 Crs to IRB Infrastructure Developers Ltd, amounts to ₹2,351 Crs.
Key Highlights
- IRB InvIT Fund raised ₹20,000 million via institutional placement.
- 317,460,316 units were issued at ₹63 per unit.
- Total fundraise including preferential allotment reached ₹2,351 Crs.
- The placement was approved on September 29, 2026.
- Post-issue unitholding capital stands at 1,653,060,316 units.
Price Impact
More from IRBINVIT