Citius TransNet Investment Trust: Pioneering Indian Transport Infrastructure with Landmark IPO

Citius TransNet Investment Trust, a leading infrastructure investment trust, filed its Draft Offer Document with SEBI to launch a ₹1,340 crore public offering. This initiative aims to fund strategic expansions in Indian transport infrastructure, acquiring key assets and enhancing operational excellence, underpinning robust revenue growth and governance.

Mumbai's Citius TransNet Investment Trust, an eminent infrastructure entity, has submitted its Draft Offer Document to SEBI for a significant public offering valued at ₹1,340 crore. The investment drive, reflecting strong institutional support, aims to fund the expansion of India's transport infrastructure.

The proceeds of this offering will be channeled into acquiring securities of SRPL and various high-potential projects, bolstering the Trust's strategic growth and operational excellence. Representing nine Indian states, the Trust's portfolio includes key toll and annuity road assets, promising enduring revenue streams and stability.

Citius TransNet's ambitious plans, backed by a robust governance framework and a sophisticated management team, position it at the forefront of India's transport infrastructure renaissance. Axis Capital, Ambit Private Limited, and ICICI Securities guide this offering, highlighting the Trust's significant role in India's economic development.

(With inputs from agencies.)