Description

IRB InvIT Fund has listed 54,14,05,000 new units at Rs. 60/- each, allotted to QIBs pursuant to Qualified Institutional Placement, effective October 16, 2025.

Summary

IRB InvIT Fund (Scrip Code: 540526, ISIN: INE183W23014) has successfully listed 54,14,05,000 new units on BSE with effect from October 16, 2025. These units were allotted to Qualified Institutional Buyers (QIBs) pursuant to a Qualified Institutional Placement at an issue price of Rs. 60/- per unit. The new units rank pari-passu with existing units of the fund.

Key Points

  • Total units listed: 54,14,05,000 units
  • Issue price: Rs. 60/- per unit
  • Allotment exclusively to Qualified Institutional Buyers (QIBs)
  • New units rank pari-passu with existing units
  • Distinctive numbers: 580500001 to 1121905000
  • Scrip Code: 540526
  • ISIN: INE183W23014

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notice for securities allotted through Qualified Institutional Placement.

Compliance Requirements

  • Trading members are informed to enable trading of these new units from the effective date
  • No specific compliance actions required from market participants
  • For clarifications, trading members can contact Ms. Mayuri Visaria at 022-22728901

Important Dates

  • Allotment Date: October 15, 2025
  • Trading Commencement Date: October 16, 2025 (Thursday)
  • Notice Date: October 15, 2025

Impact Assessment

Market Impact: The listing of 54.14 crore units represents a significant capital raise for IRB InvIT Fund through the QIP route. This indicates strong institutional interest in infrastructure investment trusts and will increase the free float of the security.

Investor Impact: The QIP allotment to institutional investors may lead to increased liquidity in the counter. Existing unitholders will see dilution, though the pari-passu ranking ensures equal rights for all units.

Operational Impact: Trading members should update their systems to reflect the increased unit base and new distinctive number range. The substantial increase in outstanding units may impact trading volumes and liquidity patterns.

Impact Justification

Significant QIP of 54.14 crore units for an InvIT, representing capital raise for infrastructure funding. Medium impact due to substantial unit issuance but limited to existing institutional investors.