Infrastructure Investment Trust

NHAI InvIT to hit on Friday, plans to raise Rs 8,000 crore

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National Highways Authority of India (NHAI) will launch its maiden Infrastructure Investment Trust (InvIT) on 29 October, with which it aims to mop up Rs 8000 crore, as part of the government’s long-term plans to monetise road assets. According to the offer documents submitted with NSE, the issue will be opened on 29 October and … Read more

Shrem Group to raise Rs 4,100 cr via InvIT, SBI loan

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MUMBAI: Local investors HDFC MF, LIC of India, Nippon MF, Darashaw and Trust Capital are in talks with Mumbai-based Shrem group, which is set to launch an infrastructure (InvIT) of Rs 600 crore via an initial public offer, two people with knowledge of the matter told ET. The company will also raise about Rs 3,500 … Read more