| Initial public offer of 449,779,291 units (The "Units") representing an undivided bebeficial interest in the IRB InvIT Fund (The "Trust") consisting of fresh issue of 421,568,627 unit, at a price of Rs. 102 per unit, aggregating to Rs. 4300.00 crores by the trust (The "Fresh Issue") and an offer for sale of 28,210,664 units, aggregating to Rs. 287.75 crores, by IRB Infrastructure Developers Limited (The "Sponsor"), Modern Road Makers Private Limited, Aryan Toll Road Private Limited, ATR Infrastructure Private Limited and Ideal Road Builders Private Limited (Collectively, The "Selling Unitholders") (The "Offer for Sale" and together with the fresh issue, The "Issue").
IRB Infrastructure Private Limited (The "Investment Manager"), in consultation with the Global co-ordinators and book running lead managers (The "GCBRLMS") and the book running lead managers (The "BRLM"), and the trustee, has, pursuant to the retention of oversubscription amounting to 9.70% of the issue size, issued 43,640,709 units, aggregating to Rs. 445.14 crores (The "Oversubscription", and together with the issue, the "Total Issue") in accordance with The Securities and Exchange Board of India (Infrastructure Investment Trust) regulations, 2014, as amended, together with any guidelines, circulars, clarification and notifications issued thereunder, including SEBI Circular No.CIR/IMD/DF/55/2016 dated may 11, 2016 ("InvIT Regulations").
The total issue consists of 493,420,000 units at a price of Rs. 102 per unit, aggregating to Rs. 5032.88 crores. The total issue constitutes at least 25% of the total outstanding units on a post-issue basis terms of regulation 14(1A) of the InvIT Regulation.
The issue price : Rs. 102 per unit
Anchor Investor and Strategic Investor issue price : Rs. 102 per unit.
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