BSEIRB InvIT FundHighNeutral
Announced Mon, 28 Sept, 2026 · 20:34 IST
IRB InvIT Fund closes institutional unit placement at Rs 63 per unit
Price reaction
Awaiting price reaction for this filing.
AI summary
IRB InvIT Fund has closed its institutional placement of units on September 28, 2026. The Committee allocated 317,460,316 units at Rs 63 per unit, which is a discount of Rs 1.26 (1.96 percent) to the floor price of Rs 64.26. Funds were received from eligible institutional investors in the escrow account. The total issue size works out to approximately Rs 2,000 crore.
Likely market impact
Existing unitholders may see short-term dilution; the small discount suggests reasonable demand from institutional investors without pricing pressure.