Citius Transnet InvIT IPO: The initial public offering of Citius Transnet Investment Trust was fully subscribed on the second day of bidding on Monday, April 20, 2026.
The IPO secured bids for 7,51,47,450 units against 6,13,88,850 units on offer, according to data available on the National Stock Exchange (NSE) website until 3 pm.
The institutional investors' quota received 63% subscription, with bids for 2,11,69,500 units compared to 3,34,84,800 units on offer. The portion for other investors got booked 1.93 times, as it got bids for 5,39,77,950 units against 2,79,04,050 units reserved.
Before the IPO, Citius TransNet Investment Trust mobilised ₹497.25 crore from anchor investors.
The InvIT saw participation from various investors, including ASKWA Income Opportunities Fund and Prazim Trading, as well as pension and provident funds such as SBI Pension, ICICI Prudential Pension, HDFC Pension, Larsen & Toubro Provident Fund and DSP Pension.
Mutual funds across equity, hybrid and multi-asset schemes, including DSP, Quant, Axis Mutual Fund and WhiteOak, also took part in the anchor book. Insurance investors who participated in the anchor round include Axis Max Life, Bharti AXA, Bajaj Life and IndusInd General.
The ₹1,105-crore public issue of Citius Transnet InvIT will end on April 21. The price range has been fixed at ₹99 to ₹100 per unit.
The money raised will be utilised for partial or full acquisition of securities of SRPL Roads Pvt Ltd and certain identified project special purpose vehicles, including Jorabat Shillong Expressway Ltd, Dhola Infra Projects Private Ltd, Thrissur Expressway Ltd and Dibang Infra Projects Private Ltd, as well as for general purposes.
Citius Transnet InvIT IPO
| Event | Date |
|---|---|
| Subscription period | April 17 to April 21 |
| Basis of allotment | April 24 |
| Initiation of Refunds | April 27 |
| Credit of Shares to Demat | April 27 |
| Listing date | April 29 |
Ambit, ICICI Securities and Axis Capital are the book-running lead managers to the issue.