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Mainboard InvIT | Book Build
Listed

Citius Transnet InvIT IPO Details 2026

₹99 - ₹100Price Band
₹1,340.00 Cr. Issue Size
Transport InfrastructureSector
Issue Open
Apr 17, 2026
Fresh Issue
Issue Close
Apr 21, 2026
Allotment Date
Apr 22, 2026
Listing Date
Apr 24, 2026
BSE, NSE

All About Citius Transnet InvIT

The Citius Transnet InvIT size is ₹1,340.00 crore,comprising a fresh issue of ₹1,340.00 crore and an offer-for-sale of ₹- crore. It is a Bookbuilding InvIT issue. The IPO issue opens on Fri, April 17, 2026, and closes on Tuesday, April 21, 2026. The share allotment is expected on Wednesday, April 22, 2026, and the listing date is Friday, April 24, 2026. Citius Transnet Investment Trust is based in Mumbai and operates in the transport infrastructure sector. It filed its DRHP on December 3, 2025, and will list its shares on both the BSE and NSE. Kfin Technologies Ltd. is the registrar, while Axis Capital Ltd., Ambit Pvt.Ltd, and ICICI Securities Ltd. serve as the merchant bankers for the offer.

IPO Highlights

IPO Details
Total Issue ₹1,340 Cr.
Fresh Issue ₹1,340 Cr.
Offer for Sale
IPO Price Band ₹99 – ₹100
Face Value ₹10 per share
Lot Size 1600 Shares
Listed on BSE NSE
IPO Dates
DRHP Filed December 3, 2025
Issue Open April 17, 2026
Issue Close April 21, 2026
Allotment Date April 22, 2026
Refunds Initiation April 23, 2026
Credit of Shares April 23, 2026
Listing Date April 24, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is ([.] shares), and QIB has 75% (). Further, the minimum lot size is shares. The anchor investor reservation is ( shares), and the market maker reservation is ().

IPO Issue Structure

IPO Reservation
IPO Lot Size

On December 3, 2025, the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2024
Total Income1,570.392,165.622,038.531,885.30
Profit After Tax-219.05-417.75-774.12-654.01
EBITDA
Net Worth-3,312.88-3,692.65-1,135.60-413.41

Key Performance Indicator

ParticularsDec-25FY25FY24FY23
EBITDA Margin (%)76.3872.2267.2361.13
PAT Margin (%)-14.33-20.91-39.41-35.74
EPS (₹)
ROE (%)
ROCE (%)
ROA (%)-2.66-4.96-7.16-5.56
Debt to Equity (x)

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus, visit here.

Citius Transnet InvIT IPO Review

You must assess the company’s financial position before deciding on investments. You can read our full review article here.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
Funding working capital requirements of the Company ₹10.00 Cr.
General Corporate Purposes ₹11.00 Cr.
Partial or full acquisition of securities of a) SRPL, b) certain identified Project SPVs, namely TEL, JSEL, Dhola, and Dibang ₹1,000.00 Cr.
Total Fund Requirement ₹1,021.00 Cr.
IPO Key Metrics
Pre IPO EPS
Earnings Per Share
Post IPO EPS
Earnings Per Share
Pre IPO P/E
Price to Earnings
Post IPO P/E
Price to Earnings
Market Capitalization
Post-IPO Market Cap

✅Strengths

  • Good history of working assets spread out over different areas
  • Roads are in good condition–the risk of running them is low
  • Low risk from the other parties involved (counterparty)
  • Very little risk related to construction

⚠️Weaknesses

  • Revenue concentration & traffic, and toll risks.
  • Must share revenue and make a premium
  • payments to the authority
  • A newly formed InvIT lacks historical records
  • No trademark ownership.

About Citius Transnet Investment Trust

Details Citius Transnet Investment Trust started its business in 2025. The company operates in the transport infrastructure sector. The team provides management and investment in transport infrastructure assets, such as roads, to clients across nine states in India (the company has a portfolio of 3,406.71 lane-kilometers). Its main office is in Mumbai. Its leadership team has years of industry experience. The company holds several quality certificates for its operations. The company is structured as an Infrastructure Investment Trust (InvIT). The sponsor is Epic TransNet Infrastructure Private Limited.

Main Offerings:

  • Infrastructur Investment Trust focused on roads.

Key Strength:

  • Diversified portfolio of toll and annuity road assets.

Company Address: Plot 294/3, Edelweiss House, Off CST Road, Kalina, Santacruz East, Mumbai, Maharashtra, 400098

You can contact the company via call or email.

+91 22 4019 470/ compliance_citius@eaaa.in

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
Kfin Technologies Ltd.
+91-40-67162222
citius.invit@kfintech.com
LEAD MANAGER
Axis Capital Ltd., Ambit Pvt.Ltd., ICICI Securities Ltd.
MARKET MAKER
Epic TransNet Infrastructure Private Limited

Frequently Asked Questions

What is the Citius Transnet InvIT IPO?

This is a main-board Infrastructure Investment Trust (InvIT) issue. The total size is ₹1,340.00 crore, which is fully a fresh issue. The InvIT focuses on owning and managing operational road assets.

What are the key dates for the Citius Transnet InvIT IPO?

The InvIT opens on April 17, 2026, and closes on April 21, 2026. The expected allotment date is April 22, 2026, and the shares are expected to list on April 24, 2026.

Who is the Registrar for the Citius Transnet InvIT IPO?

Kfin Technologies Ltd. is the official registrar. They handle the application, allotment, and refund processes. You must contact them for any application-related queries.

Where will the Citius Transnet InvIT be listed?

The InvIT units will be listed on both the BSE and the NSE exchanges. This provides investors with higher liquidity.

How will Citius Transnet InvIT use the IPO proceeds?

The InvIT plans to use ₹1,000.00 crore of the net proceeds for the partial or full acquisition of securities of certain project SPVs, including SRPL, TEL, JSEL, Dhola, and Dibang. The remaining funds will be used for general corporate purposes.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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