Description

IRB InvIT Fund lists 15,96,95,000 new units at Rs. 62.95 per unit through preferential allotment to sponsor and non-sponsor investors, effective November 7, 2025.

Summary

IRB InvIT Fund (Scrip Code: 540526) will list 15,96,95,000 new units on BSE from November 7, 2025. The units were allotted on November 3, 2025, at Rs. 62.95 per unit to sponsor and non-sponsor investors on a preferential basis for cash consideration. The new units rank pari-passu with existing units and carry lock-in requirements ranging from November 2026 to November 2028.

Key Points

  • Total new units listed: 15,96,95,000 units
  • Issue price: Rs. 62.95 per unit
  • Allotment type: Preferential basis (cash consideration)
  • Allotment date: November 3, 2025
  • Trading commencement: November 7, 2025 (Friday)
  • ISIN: INE183W23014
  • Distribution numbers: 1121905001 to 1281600000
  • New units rank pari-passu with old units

Regulatory Changes

No regulatory changes introduced by this circular. This is a routine listing notification for new securities.

Compliance Requirements

Trading members must note:

  • The new units are permitted for trading from November 7, 2025
  • Lock-in restrictions apply to specific distribution number ranges
  • Units must be traded in accordance with BSE listing requirements

Important Dates

  • Allotment Date: November 3, 2025
  • Trading Commencement: November 7, 2025
  • Lock-in Expiry (Partial - 14,17,40,750 units): November 5, 2026
  • Lock-in Expiry (Partial - 1,79,54,250 units): November 6, 2028

Lock-in Details

  • 1,79,54,250 units (Dist. Nos. 1121905001 to 1139859250): Locked-in until November 6, 2028
  • 14,17,40,750 units (Dist. Nos. 1139859251 to 1281600000): Locked-in until November 5, 2026

Impact Assessment

This preferential allotment represents a significant capital raise for IRB InvIT Fund, adding approximately Rs. 1,005 crore (15.97 crore units × Rs. 62.95) to the fund. The staggered lock-in periods indicate a mix of sponsor and non-sponsor participation. The listing will increase the free float gradually as lock-in periods expire. Market impact is expected to be moderate as the units enter trading, with liquidity considerations due to substantial lock-in volumes.

Impact Justification

Standard preferential allotment listing for InvIT units with lock-in requirements. Medium impact due to significant unit issuance (15.97 crore units) but routine corporate action.