Indus Infra Trust, formerly known as Bharat Highways InvIT was established on June 16, 2022 as an irrevocable trust pursuant to the Trust Deed under the provisions of Indian Trusts Act, 1882. The Trust got registered as an Indian Infrastructure Investment Trust with SEBI dated August 3, 2022. Bharat Highways InvIT officially changed its name to Indus Infra Trust, in November 2024.
Indus Infra Trust,is an Infrastructure Investment Trust established to acquire, manage and invest in a portfolio of infrastructure assets in India and to carry on the activities of an infrastructure investment trust, as permissible under the SEBI InvIT Regulations. The Sponsor is a Private Company, Limited by Shares, and an entity forming part of the GR Group. Currently the assets are owned by GRIL, an associate of the sponsor. GRIL is the flagship entity of GR Group and is engaged in integrated road engineering, procurement and construction in design and construction of various road/highway projects across 16 states in India and more than 100 road construction projects executed since 2006.
The GR Group carries out its operations through GRIL and other entities primarily in three categories: (i) civil construction activities, under which it provides EPC services; (ii) development of roads, highways on a BOT basis, including under annuity and HAM; and (iii) manufacturing activities, under which GRIL processes bitumen, manufactures thermoplastic roadmarking paint, electric poles and road signa ...ge and fabricates and galvanizes metal crash barriers.
The Sponsor acquired 100% stake of equity shares in each of the Project SPVs from GRIL. Their initial portfolio assets consist of 7 road assets, all operating on HAM basis, in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra and Uttar Pradesh. These SPV projects include Porbandar-Dwarka Expressway, Varanasi-Sangam Expressway, GR Sangli-Solapur Highway, GR Akkalkot-Solapur Highway, GR Phagwara Expressway, GR Dwarka Devariya Highway Private Limited and GR Gundugolanu-Devarapalli Highway. These roads are operated and maintained pursuant to concession rights granted by the NHAI and are owned and operated by the Project SPVs, which are currently wholly owned by GRIL (an Associate of the Sponsor).
Indus Infra Trust has launched an IPO by issuing 249,999,900 Units for cash at a price of Rs 100 per Unit by raising funds aggregating to Rs 2500 Crore to the public in March, 2024.
The Trust acquired 100% of the paid-up capital and management control in GR Aligarh Kanpur Highway Private Limited on 17th September 2024.
FAQs on Indus Infra Trust
1. Can I buy Indus Infra Trust from PL Capital? ›
Yes, you can invest in Indus Infra Trust shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Indus Infra Trust stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Indus Infra Trust as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Indus Infra Trust pay dividends? ›
Yes, Indus Infra Trust has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Indus Infra Trust shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Indus Infra Trust ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Indus Infra Trust. is ₹ 121.1 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Indus Infra Trust ? ›
The 52-week high and low of Indus Infra Trust share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
