Bookbuilding InvIT | ₹1,340 Cr | Listing at BSE, NSE |

Citius Transnet Investment Trust has filed a Draft Red Herring Prospectus (DRHP) with SEBI on December 3, 2025 to raise funds through Initial Public Offer (IPO).
Citius Transnet Investment Trust IPO is a Book Build Issue of ₹1,340.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Citius Transnet InvIT IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Price Band | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding InvIT |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,340 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹1,340 Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 3, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Issue Size |
| NII Shares Offered | Not less than 25% of the Issue Size |
Citius Transnet Investment Trust is an infrastructure investment trust (“Trust”) focused on the transport sector in India. The company acquires, manages, and invests in transport infrastructure assets such as roads.
As of the date of this Draft Offer Document, the portfolio covers a total of 3,406.71 lane-kilometers across nine states in India. This includes seven toll projects covering over 3,043.22 lane-kilometers and three annuity projects covering over 363.49 lane-kilometers.
Its Sponsor is Epic TransNet Infrastructure Private Limited (formerly Watrak Infrastructure Private Limited). The Sponsor is fully owned by funds under Infrastructure Yield Trust—namely, Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II. These funds are managed by EAAA India Alternatives Limited (“EAAA”).
As of September 30, 2024, EAAA managed three of the 14 infrastructure-focused funds in India and ranked third among infrastructure investment managers based on total assets under management (AUM).
EAAA runs a diversified, multi-strategy investment platform focused on large, under-penetrated, and fast-growing alternative asset classes. It aims to deliver income and yield-focused solutions to a wide range of investors, including global pension funds, insurance companies, and ultra-high-net-worth individuals. As of June 30, 2025, EAAA is supported by a 26-member asset management team, alongwith 76 investment professionals.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 8,150.39 | 8,371.04 | 10,307.89 | 11,396.95 |
| Total Income | 526.58 | 2,165.62 | 2,038.53 | 1,885.30 |
| Profit After Tax | -92.23 | -417.75 | -774.12 | -654.01 |
| EBITDA | 384.75 | 1,434.95 | 1,259.41 | 1,084.17 |
| Total Borrowing | 6,300.21 | 6,699.99 | 6,171.52 | 6,185.95 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | partial or full acquisition of securities of a) SRPL; and b) certain identified Project SPVs namely TEL, JSEL, Dhola and Dibang | |
| 2 | General purposes | |
| Total | 0.00 |
Lead Manager Reports
Citius Transnet InvIT IPO is a main-board InvIT of 0 equity shares of the face value of ₹[.] aggregating up to ₹1,340 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Citius Transnet InvIT IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the InvIT. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Citius Transnet InvIT IPO using UPI as a payment gateway. Zerodha customers can apply in Citius Transnet InvIT IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Citius Transnet InvIT IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Citius Transnet InvIT IPO dates are not announced. Please check back again after some time.
Citius Transnet InvIT IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Citius Transnet InvIT IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Citius Transnet InvIT IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Citius Transnet InvIT IPO allotment status.
The Citius Transnet InvIT IPO listing date is not yet announced. The tentative date of listing is .