New Delhi, 13 April (H.S.):

Citius Transtech Investment Trust's Initial Public Offering (IPO) opens April 17, 2026, inviting bids until April 21 at a price band of ₹99–100 per share, with units listing on BSE and NSE on April 29.

Allotment finalizes April 24; Axis Capital, Ambit, and ICICI Securities helm as lead managers. The book-built InvIT aims to raise ₹1,105 crore entirely fresh, fostering infrastructure investment in transport assets.

Net proceeds—up to ₹1,000 crore—target partial/full acquisition of securities from SRPL Roads Private Limited and SPVs like Thrissur Expressway Limited, Jorabat Shillong Expressway Limited, Dhola Infra Projects Private Limited, and Dibang Infra Projects Private Limited; balance for general corporate purposes.

This InvIT positions investors in high-growth road assets, enhancing portfolio diversification amid India's infra boom.

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Hindusthan Samachar / Jun Sarkar