IRB InvIT Fund Updates Unitholding Pattern Following Preferential Issue

IRB InvIT Fund , a prominent infrastructure investment trust, has recently submitted its updated unitholding pattern to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) following a preferential issue of units. This submission, made by IRB Infrastructure Private Limited, the investment manager of the fund, is in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Key Highlights of the Unitholding Pattern

The updated unitholding pattern reveals significant insights into the ownership structure of IRB InvIT Fund:

Category	Unitholding Percentage
Sponsor Group	17.73%
Public Unitholders	82.27%
Foreign Portfolio Investors	35.11%
Individual Investors	20.90%
Bodies Corporates	16.94%

Detailed Breakdown

Total Outstanding Units

The fund now has 1,28,16,00,000 units outstanding after the preferential issue.

Sponsor and Related Parties

The sponsor group, including the investment manager and project manager, holds 17.73% of the total units. This includes:

16.57% held by bodies corporates
1.16% held by individuals/HUFs associated with the sponsor group

Public Unitholding

The majority of units (82.27%) are held by public unitholders, showcasing a diverse investor base.

Institutional Investors

Among public holders, institutions hold a significant portion:

Foreign Portfolio Investors (FPIs) are the largest category, holding 35.11% of total units
Mutual Funds account for 4.63% of the unitholding
Financial Institutions/Banks hold 1.55% of the units

Non-Institutional Investors

Individual investors hold 20.90% of the units
Bodies corporates in the public category account for 16.94%

Compliance and Transparency

The submission of this unitholding pattern demonstrates IRB InvIT Fund's commitment to regulatory compliance and transparency. It provides investors and market participants with a clear view of the fund's ownership structure post the preferential issue.

This update is particularly relevant for investors and analysts tracking the infrastructure investment trust sector in India, as it reflects the current market interest and institutional participation in IRB InvIT Fund.

The detailed breakdown of unitholders across various categories offers valuable insights into the diverse investor base of the fund, which could be indicative of its appeal to different types of investors in the market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.26%	-1.34%	-1.89%	+12.17%	+2.71%	+66.09%

IRB InvIT Fund , through its investment manager IRB Infrastructure Private Limited, has successfully raised ₹1,150 crore through the allotment of non-convertible debt securities. This strategic move, approved by the Committee of Directors, involves the issuance of 1,15,000 senior, secured, rated, listed, redeemable, non-convertible debt securities via private placement.

Debenture Structure

The issuance is structured into three distinct series, each with its own tenure and interest rate:

Series	Amount (₹ Crore)	Tenure	Interest Rate
A	575	5 years	7.35%
B	300	10 years	7.40%
C	275	15 years	7.40%

Each debenture carries a face value of ₹1,00,000, with the securities set to be listed on the BSE Limited.

Key Details

Issue Type: Private Placement
Total Securities: 1,15,000
Listing: BSE Limited
Denomination: ₹1,00,000 per debenture

Maturity Dates

Series A: November 4, 2030
Series B: November 4, 2035
Series C: November 4, 2040

The redemption terms for these debentures will be in accordance with the General Information Document (GID) and Key Information Document (KID).

This strategic debt issuance by IRB InvIT Fund demonstrates its ability to secure long-term financing at competitive rates. The varied tenures of the debentures, ranging from 5 to 15 years, suggest a balanced approach to debt management, potentially aligning with the fund's long-term infrastructure investment strategy.