IRB InvIT Fund Raises ₹1,005 Crore Through Preferential Issue of Units

1 min read     Updated on 04 Nov 2025, 02:04 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

IRB InvIT Fund completed a preferential issue, allotting 15.97 crore units and raising ₹1,005.28 crore. IRB Infrastructure Developers Limited (Sponsor) received 11.97 crore units for ₹753.48 crore, while Larsen and Toubro Limited (Non-Sponsor) got 4 crore units for ₹251.80 crore. The units, priced at ₹62.95 each, were issued on November 3, 2025, and are subject to lock-in requirements as per SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

IRB InvIT Fund , an infrastructure investment trust, has successfully completed a significant capital raise through a preferential issue of units. The fund allotted 15.97 crore units, raising a total of ₹1,005.28 crore from two key investors.

Allotment Details

The preferential issue was approved by the Committee of Directors of IRB Infrastructure Private Limited, the Investment Manager of the fund, on November 3, 2025. The units were allotted at a price of ₹62.95 per unit, determined in accordance with regulatory guidelines.

Here's a breakdown of the allotment:

Allottee Category Number of Units Amount Raised (₹ Crore)
IRB Infrastructure Developers Limited Sponsor 11,96,95,000 753.48
Larsen and Toubro Limited Non-Sponsor 4,00,00,000 251.80
Total 15,96,95,000 1,005.28

Key Points

  • The allotted units will rank equally (pari-passu) with existing units of the Trust in all respects.
  • The newly issued units are subject to applicable lock-in requirements as per the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.
  • The preferential issue was conducted in compliance with the relevant provisions of the InvIT Regulations and the Master Circular for Infrastructure Investment Trusts.

This capital raise may provide IRB InvIT Fund with additional resources to pursue its investment objectives in the infrastructure sector.

Historical Stock Returns for IRB InvIT Fund

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-1.34%-1.89%+12.17%+2.71%+66.09%
IRB InvIT Fund
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IRB InvIT Fund Updates Unitholding Pattern and Receives Rating Affirmations

1 min read     Updated on 24 Oct 2025, 09:03 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

IRB InvIT Fund has updated its unitholding pattern following an institutional placement of 54,14,05,000 units worth ₹32,484.30 million. The new pattern shows 17.73% sponsor holdings and 82.27% public holdings, with total outstanding units at 1,28,16,00,000. India Ratings & Research has affirmed 'AAA' ratings for the fund's issuer rating, proposed non-convertible debentures, and bank loan facilities, indicating strong financial stability.

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*this image is generated using AI for illustrative purposes only.

IRB InvIT Fund , a prominent infrastructure investment trust, has recently made significant announcements regarding its unitholding pattern and credit ratings. These updates come in the wake of a successful institutional placement and affirm the fund's strong financial position in the market.

Unitholding Pattern Update

IRB InvIT Fund has issued a corrigendum to its extraordinary meeting notice, providing an updated post-issue unitholding pattern. This update follows the completion of an institutional placement, where 54,14,05,000 units were issued, aggregating ₹32,484.30 million.

The revised unitholding pattern shows:

Category Unitholding (%)
Sponsor Holdings 17.73
Public Holdings 82.27

The total outstanding units now stand at 1,28,16,00,000.

Credit Rating Affirmations

In a separate announcement, India Ratings & Research has converted IRB InvIT Fund's bank loan facilities' provisional rating to final rating and affirmed ratings for multiple instruments:

Instrument Rating
Issuer Rating IND AAA/Stable
Proposed Non-Convertible Debentures (₹18,000 million) Provisional IND AAA/Stable
Existing Bank Loan Facilities (₹26,670 million) IND AAA/Stable
New Bank Loan Facilities (₹40,000 million) IND AAA/Stable

These ratings underscore the fund's strong credit profile and financial stability.

Implications for Investors

The successful institutional placement and the subsequent update in unitholding pattern reflect investor interest in IRB InvIT Fund. The significant public holding of 82.27% suggests a diverse investor base and potentially good liquidity for the units.

Moreover, the affirmation of 'AAA' ratings across various instruments by India Ratings & Research indicates the fund's robust financial health and its ability to meet financial commitments. This could be reassuring for both existing unitholders and potential investors looking for stable infrastructure investment opportunities.

As the infrastructure sector continues to be a key focus area for India's economic growth, IRB InvIT Fund's position in the market may present opportunities for investors interested in this sector.

Investors and market participants are advised to consider these developments in their investment decisions and to keep an eye on future announcements from IRB InvIT Fund for any additional updates or changes.

Historical Stock Returns for IRB InvIT Fund

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%-1.34%-1.89%+12.17%+2.71%+66.09%
IRB InvIT Fund
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