National Infrastructure Trust, an infrastructure investment trust sponsored by Gawar Construction Limited (“GCL” or “Sponsor”). The trust was established on September 25, 2023 and registered with SEBI as on March 7, 2024 with the objective to acquire, manage and invest in portfolio of infrastructure assets in the country . The infrastructure investment trust has filed its Draft Offer Document with the regulator to raise an aggregate amount of Rs 1,600 cr via an issue of units to the public.
The IPO comprises of fresh issue of units aggregating up to Rs 1200 crore and an offer for sale of up to Rs 400 crore by Sponsor Selling Unitholder. The Issue will be made through the book building process wherein 75% excluding the strategic investor portion will be available to institutional investors and 25% to non-institutional investors.
