Citius Transnet Investment Trust InvIT IPO
Get the latest Citius Transnet InvIT details, including issue size, price band, lot size, offer dates, subscription status, financial performance, portfolio overview, GMP updates, allotment, listing information, and expert investment analysis.
Citius Transnet Investment Trust InvIT IPO Details
Citius Transnet InvIT IPO bidding started from Apr 17, 2026 and ended on Apr 21, 2026. The allotment for Citius Transnet InvIT IPO was finalized on Apr 24, 2026. The shares got listed on NSE and BSE on Apr 29, 2026.
Citius Transnet Investment Trust InvIT IPO Timeline (Tentative)
The offer timeline provides the important dates relating to the Citius Transnet InvIT public issue, including the opening and closing of the issue, allotment, refunds, credit of units, and listing on the stock exchanges. The final schedule will be announced in the Final Offer Document.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Apr 17, 2026 |
| IPO Close Date | Tue, Apr 21, 2026 |
| Basis of Allotment | Fri, Apr 24, 2026 |
| Initiation of Refunds | Mon, Apr 27, 2026 |
| Credit of Shares to Demat | Mon, Apr 27, 2026 |
| Listing Date | Wed, Apr 29, 2026 |
| Issue Opens | Apr 17, 2026 |
| Issue Closes | Apr 21, 2026 |
| Basis of Allotment | Apr 24, 2026 |
| Refund Initiation | Apr 27, 2026 |
| Units Credited to Demat | Apr 27, 2026 |
| Listing Date | Apr 29, 2026 |
Citius Transnet Investment Trust InvIT IPO Lot Size
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | 15,000 |
| Retail (Max) | 13 | 1,950 | 1,95,000 |
| S-HNI (Min) | 14 | 2,100 | 2,10,000 |
| S-HNI (Max) | 66 | 9,900 | 9,90,000 |
| B-HNI (Min) | 67 | 10,050 | 10,05,000 |
About Citius Transnet Investment Trust InvIT
Citius Transnet Investment Trust is an infrastructure investment trust (“Trust”) focused on the transport sector in India. The company acquires, manages, and invests in transport infrastructure assets such as roads.
As of the date of this Draft Offer Document, the portfolio covers a total of 3,406.71 lane-kilometers across nine states in India. This includes seven toll projects covering over 3,043.22 lane-kilometers and three annuity projects covering over 363.49 lane-kilometers.
Its Sponsor is Epic TransNet Infrastructure Private Limited (formerly Watrak Infrastructure Private Limited). The Sponsor is fully owned by funds under Infrastructure Yield Trust—namely, Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II. These funds are managed by EAAA India Alternatives Limited (“EAAA”).
As of September 30, 2024, EAAA managed three of the 14 infrastructure-focused funds in India and ranked third among infrastructure investment managers based on total assets under management (AUM).
EAAA runs a diversified, multi-strategy investment platform focused on large, under-penetrated, and fast-growing alternative asset classes. It aims to deliver income and yield-focused solutions to a wide range of investors, including global pension funds, insurance companies, and ultra-high-net-worth individuals. As of June 30, 2025, EAAA is supported by a 26-member asset management team, alongwith 76 investment professionals.
Strengths
- Portfolio of operational road infrastructure assets across multiple Indian states.
- Long-term concession agreements providing predictable cash flow visibility.
- Diversified portfolio of highway assets reducing dependence on a single project.
- Experienced investment manager and asset management team.
- Stable infrastructure sector supported by government investment in road development.
- Potential for regular cash distributions through operational infrastructure assets.
- Well-positioned to benefit from long-term growth in India's transportation infrastructure.
Risks to Consider
- Revenue depends on the operational performance of the underlying road assets.
- Changes in government policies or concession agreements may affect future cash flows.
- Traffic volume fluctuations may impact toll-based assets where applicable.
- Delays in maintenance, regulatory approvals, or project execution could affect operations.
- Rising interest rates may influence infrastructure valuations and borrowing costs.
- Infrastructure assets are subject to environmental, legal, and operational risks.
- Investors should carefully review all risk factors disclosed in the Draft Offer Document before investing.
Objects of the Issue
According to the Draft Offer Document, the net proceeds from the Fresh Issue are proposed to be utilized for purposes permitted under the SEBI InvIT Regulations, including acquisitions, repayment of debt, and other general trust purposes. Investors should refer to the Final Offer Document for the finalized utilization of proceeds.
- Providing loans to the Project SPVs for repayment or prepayment of existing borrowings.
- Funding acquisition opportunities and investments in accordance with the SEBI InvIT Regulations.
- General corporate and other permitted trust purposes.
- Meeting issue-related expenses.
- Strengthening the InvIT's capital structure and supporting long-term growth objectives.
Promoters, Lead Managers & Registrar
The Sponsor, Investment Manager, Project Manager, Book Running Lead Managers (BRLMs), Trustee, and Registrar play a vital role in the successful launch and management of the Citius Transnet InvIT. The Sponsor has established the InvIT, while the Investment Manager is responsible for the overall management of the trust and its investment strategy. The Project Manager oversees the operation and maintenance of the underlying infrastructure assets, the BRLMs manage the public offer process, and the Registrar is responsible for processing applications, allotment, refunds, and credit of units to successful applicants.
Promoters
Lead Managers (BRLM)
Citius Transnet Investment Trust InvIT IPO Review
Citius Transnet InvIT provides investors with an opportunity to invest in a portfolio of operational road infrastructure assets that are expected to generate stable and predictable cash flows over the long term. The InvIT benefits from professionally managed infrastructure assets, diversified highway projects, and a management team with experience in infrastructure investment and operations.
The infrastructure sector continues to benefit from government support, increasing transportation demand, and long-term concession agreements. However, investors should also consider traffic risks, regulatory changes, maintenance obligations, financing costs, and other risks disclosed in the Draft Offer Document before making an investment decision. As with any infrastructure investment, investment decisions should be based on the quality of the underlying assets, financial performance, valuation, and the applicable risk factors.
How to Apply
You can apply for the Citius Transnet InvIT public issue through any of the following methods:
- Log in to your internet banking account and submit your application using the ASBA (Application Supported by Blocked Amount) facility provided by your Self-Certified Syndicate Bank (SCSB).
- Eligible investors may also apply through a SEBI-registered stockbroker by completing the online application process available on the broker's platform.
- Enter the required bid details, including the bid price, bid quantity, and investor information as specified in the Final Offer Document.
- Complete the application by authorizing the ASBA fund blocking request or approving the UPI mandate, wherever applicable, before the prescribed deadline.
- Submit the application within the offer period and retain the application number or acknowledgment for future reference.
- After the basis of allotment is finalized, successful applicants will receive the allotted InvIT units in their demat accounts, while the blocked funds for unsuccessful or partially successful applicants will be released in accordance with the applicable process and SEBI regulations.
Last updated Aug 5, 2026.