IRB InvIT Fund Completes Fund Raise of Rs 3,248.43 Cr Through Institutional Placement of Units
The Committee of Directors of the Investment Manager of the IRB InvIT Fund, i.e., IRB Infrastructure Private Limited approved the allotment of Units equivalent to the issue size.
The issue witnessed strong and broad-based participation, reflecting the confidence of a diverse set of marquee long-term institutional investors, both foreign and domestic, along with several reputed family offices. Post allotment of the Institutional Placement, investors holding more than 5% of the units, excluding the sponsor, are Anahera Investment Pte. Ltd., Kotak Mahindra Bank Limited, and CIM Investment Fund ICAV. The completion of the IP is subject to listing and trading approval from the exchanges.
Commenting on the occasion, Rushabh Gandhi, Chief Financial Officer, IRB Infrastructure Private Limited, the Investment Manager of IRB InvIT Fund, said, “We are deeply grateful to all our investors for their overwhelming response and continued trust in IRB InvIT’s strategy and growth vision. The success of the Institutional Placement marks a significant milestone in our journey since IPO. The proceeds will be utilized to part fund the proposed acquisition of three revenue-generating highway assets from IRB Infrastructure Trust.”
Virendra D. Mhaiskar, Chairman & Managing Director of the Sponsor, IRB Infrastructure Developers Ltd. said, “This strong response from marquee global and domestic investors is a testament to the trust and credibility that IRB Group has built over the years. The successful closure of the Institutional Placement underscores investor confidence in the Indian infrastructure growth story and in the InvIT platform. With this fund raise, we believe that the InvIT is now well positioned to enhance its portfolio, strengthen distributions, and create sustained value for unitholders.”
Published on:
15 October 2025
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