Citius Transnet Investment Trust InvIT IPO
Citius Transnet Investment Trust InvIT IPO — date, price band, GMP & allotment 2026
Citius TransNet Investment Trust is a transport infrastructure focused InvIT backed by Epic TransNet Infrastructure, investing in operational road assets across India. The IPO opened on 17 April 2026 and closed on 21 April 2026. The trust follows a yield-based business model by acquiring toll and annuity road projects and distributing cash flows to unitholders. Its initial portfolio includes 10 operational road assets spread across nine states with over 3,400 lane-km presence.
Stock price
Citius Transnet Investment Trust InvIT is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 15 September.
- Open 17 Apr 2026
- Close 21 Apr 2026
- Allotment 24 Apr 2026
- Refund/credit 27 Apr 2026
- Listing 29 Apr 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 17 to 21 Apr, 2026 |
|---|---|
| Price Band | ₹99 – ₹100 |
| Face Value | ₹TBA |
| Lot Size | TBA Shares |
| Issue Size | ₹1,340.00 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | TBA |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Diversified portfolio of 10 operational road assets across 9 Indian states.
- 02Stable cash flows from both toll-based and annuity-based highway projects.
- 03Strong ROFO pipeline with 11 additional HAM road assets for future growth.
- 04Strategically located assets near major economic and industrial corridors.
- 05Backed by experienced management and EAAA platform with strong infrastructure expertise.
Risks · 5
- 01Revenue heavily dependent on a few major road assets and SPVs.
- 02Toll collections may get impacted by lower traffic or economic slowdown.
- 03Regulatory changes in toll policies or concession agreements can affect income.
- 04InvIT market liquidity in India remains limited with possible price volatility.
- 05Rising interest rates can reduce attractiveness of InvIT yields versus fixed income products.
Three years of numbers
All figures in ₹ crore, as reported in the Citius Transnet Investment Trust InvIT offer document.
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,570.39 | 2,165.62 | 2,038.53 |
| Reserves and Surplus | -4,044.04 | -4,152.17 | -2,255.60 |
| NET Worth | -3,312.88 | -3,692.65 | -1,135.60 |
| Net Profit | -219.05 | -417.75 | -774.12 |
| Assets | 8,074.34 | 8,371.04 | 10,307.89 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Citius Transnet Investment Trust InvIT RHP.
Where the money goes
How the company intends to use the proceeds of the issue.
About the company
The trust’s business model involves acquiring toll and annuity-based road projects through project SPVs and distributing stable cash flows to unitholders. Its initial portfolio comprises 10 operational road assets including seven toll roads and three annuity projects spread across nine states, covering about 3,400 lane-km. Revenue is generated from user toll collections and fixed annuity payments from authorities such as NHAI, providing diversified and relatively predictable income streams.
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+91 22 4019 470
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
27 issues handledBest listing: LG Electronics India (+50.0%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
ICICI Securities
22 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Citius Transnet Investment Trust InvIT?
The current Grey Market Premium is ₹3.6, or 4% over the issue price.
What is the Citius Transnet Investment Trust InvIT IPO price band?
₹99 to ₹100.
When is the allotment?
The basis of allotment is 24 April 2026, with listing on 29 April 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
