IRB InvIT Fund Raises ₹2,351 Cr via Preferential Allotment
Sep 29, 2026
IRB InvIT Fund successfully raised ₹2,351 crore through institutional placement and preferential allotment, with strong investor participation for future growth.
Key Points
IRB InvIT
Fund raised Rs 2,351 crore through institutional placement and preferential
allotment.
This is the second fund-raise
activity for IRB InvIT Fund since its 2017 launch.
IRB Infrastructure Developers
invested Rs 351 crore to maintain its 16% stake.
The fundraise saw strong
participation from both domestic and international investors.
The capital will empower IRB
Infrastructure Trust to pursue new growth opportunities.
New Delhi, Sep 29 (PTI) IRB InvIT Fund has completed a fundraise of Rs 2,351 crore
through institutional placement and preferential allotment of units, its
sponsor IRB Infrastructure Developers Ltd said on Tuesday.
The company said in a statement that this is the second fund-raise activity by IRB InvIT Fund since its launch and listingin 2017. The first was last year, when IRB InvIT raised Rs 4,253 crore to acquire three highway assets at an enterprise value of Rs 8,643 crore from IRB Infrastructure Trust.
Further, to maintain its
(approx.) 16 per cent stake in IRB InvIT Fund, IRB
Infrastructure Developers has invested Rs 351 crore through preferential
allotment of units of IRB InvIT Fund.
The statement said the fundraise
saw strong, broad-based participation from both domestic and international
investors.
Commenting on the development, Virendra D. Mhaiskar, Chairman & Managing Director of the Company, said, "The capital unlocked through this transaction will empower IRB Infrastructure Trust (Private InvIT) to pursue new growth opportunities efficiently to fund projects in the next phase of expansion."