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Citius Transnet InvIT IPO
Price Band
₹99.0–100.0
Issue Size
₹1105.0 Cr
Lot Size
—
Min Investment
₹15,000
GMP
+₹3.5 (3.5%)
Issue Price
₹100.0
Citius Transnet InvIT IPO AI Summary
- Citius Transnet InvIT IPO is listed on BSE, NSE in the Road Assets–Toll, Annuity, Hybrid-Annuity sector.
- Price band: ₹99.0–₹100.0 per share (min. investment ₹15,000).
- Subscription window: 17 Apr–21 Apr 2026, listing on 29 Apr 2026.
- Current GMP is +₹3.5 (3.5%), an estimated listing price of ₹104 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Citius Transnet InvIT IPO Grey Market Premium (GMP) Today
GMP
+₹3.5
GMP %
+3.5%
Est. Listing
₹103.5
Updated: 14 Jul 2026 15:52
About the Company
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.
Company Financials (₹ Cr)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 8,074.34 | 8,371.04 | 10,307.89 | 11,396.95 |
| Total Income | 1,570.39 | 2,165.62 | 2,038.53 | 1,885.30 |
| Profit After Tax | -219.05 | -417.75 | -774.12 | -654.01 |
| NET Worth | -3,312.88 | -3,692.65 | -1,135.60 | -413.41 |
| Reserves and Surplus | -4,044.04 | -4,152.17 | -2,255.60 | -1,539.13 |
Objects of the Issue
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 b) certain identified Project SPVs namely TEL, JSEL, Dhola and Dibang 1,000.00 2 General purposes 39.54 3 Issue Expenses 65.46 Total 1,105.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹1,885.30 Cr in the year ending 31 Mar 2023, rising to ₹2,038.53 Cr by 31 Mar 2024. However, it declined to ₹2,165.62 Cr by 31 Mar 2025, before dropping further to ₹1,570.39 Cr by 31 Dec 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit after tax was negative at ₹-654.01 Cr for the year ending 31 Mar 2023, worsening to ₹-774.12 Cr by 31 Mar 2024. The losses continued, with profit after tax of ₹-417.75 Cr reported for the year ending 31 Mar 2025, and further losses of ₹-219.05 Cr by 31 Dec 2025.
Grey Market Premium, Explained
The grey market premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics of the shares before they are officially listed on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment strategy. It's essential to consider the company's financial health and market conditions before making a decision.
Who May Want to Wait
Investors who prefer stable, established companies with consistent profitability may want to avoid this IPO, especially given its recent financial losses. Those averse to high-risk investments should carefully evaluate the potential volatility associated with this offering.
IPO Timeline, Explained
The IPO opens for subscription on April 17, 2026, and closes on April 21, 2026. Allotment of shares will be done by April 24, 2026, and the shares are expected to be listed on the stock exchange on April 29, 2026.
Listing Gains — The Risk
Listing gains refer to the profit made by investors when they sell their shares on the listing day at a price higher than the issue price. However, these gains are not guaranteed and can be affected by market conditions, investor sentiment, and the company's performance post-listing. Investors should be aware of the risks involved in relying on listing gains as a primary investment strategy.
This evaluation is generated from Citius Transnet InvIT's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Citius Transnet InvIT IPO GMP today?
Citius Transnet InvIT IPO GMP today is +₹3.5 (3.5%), indicating an estimated listing price of ₹104. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Citius Transnet InvIT IPO?
The price band of Citius Transnet InvIT IPO is ₹99.0–₹100.0 per share.
When does Citius Transnet InvIT IPO open and close?
Citius Transnet InvIT IPO opens on 17 April 2026 and closes on 21 April 2026.
When does Citius Transnet InvIT IPO list on the stock exchange?
Citius Transnet InvIT IPO listed on 29 April 2026 at ₹103.5.
What is the price band for the Citius Transnet InvIT IPO?
The price band for the IPO is ₹99.0 to ₹100.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹15,000.
When does the Citius Transnet InvIT IPO open and close?
The IPO opens on April 17, 2026, and closes on April 21, 2026.
What does GMP mean in the context of IPOs?
GMP stands for grey market premium, which indicates the expected listing price of the IPO shares in the unofficial market.
When will the shares of Citius Transnet InvIT be listed?
The shares are expected to be listed on April 29, 2026.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
17 Apr 2026
Close
21 Apr 2026
Allotment
24 Apr 2026
Listing
29 Apr 2026
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