IRB InvIT raises Rs 3,248.43 crore in institutional placement

Qip At DiscountMarquee Qip InvestorFund Raising View source PDF Explain this filing

IRB · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹21.08

prior close

₹21.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.8% vs market

Civil Construction peers, median of 97sector+0.5%-0.5% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.5 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.3

15m

+0.2

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.8-0.8+0.5-0.5

Next day

+1.6+1.2+0.4+0.4+1.3

+1.5+1.0+0.6-0.3+1.8

+2.3+1.5+0.8-0.2+2.5

+2.5+2.2+0.3+1.1+1.3

+2.8+2.0+0.9+0.8+2.0

+6.0+2.5+3.6+0.5+5.5

15d

+5.5+0.6+4.9-1.8+7.3

+5.1+1.7+3.4-2.6+7.7

-0.2-2.7+2.5-8.7+8.5

-1.5-4.2+2.7-12.2+10.7

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 97Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IRB-sponsored IRB InvIT Fund raised Rs 3,248.43 crore by issuing 541.405 million units at Rs 60 each, above its Rs 3,000 crore target. The price was 4.29% below the floor price. Proceeds will partly fund three highway asset purchases from IRB Infrastructure Trust, which is expected to receive about Rs 4,905 crore for projects worth over Rs 15,000 crore. Marquee global and domestic investors participated. Listing approval is pending.

Likely market impact

Supports InvIT asset growth and distributions and expands IRB's project pipeline. Listing approval for the new units remains pending.