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SBICAPS acted as Left Lead Merchant Banker to NHAI InvIT’s ‘Round 3’ unit issuance

SBICAPS is proud to have acted as Left Lead Merchant Banker to NHAI InvIT’s ‘Round 3’ unit issuance - one...

SBICAPS acted as Left Lead Merchant Banker to NHAI InvIT’s ‘Round 3’ unit issuance. Infographic showing Deal Summary: Issue Size ₹15,512 Cr, Issue Price ₹326, Issue Period Oct 6-8, 2025. Subscription Details: Overall 1.96x, QIB 3.41x, NII 2.00x, Retail 1.12x. Company Highlights: Third largest diversified NBFC in India with INR 2,334 billion total gross loans. SBICAPS raised ~INR 4.0 Lakh Cr for clients since April 2020.

Deal Summary: Issue Size: ₹15,512 Cr. Issue Price: ₹326. Issue Period: Oct 6 – Oct 8, 2025.

Subscription Details: Overall: 1.96 times, QIB: 3.41 times, NII: 2.00 times, Retail: 1.12 times.

Company Highlights: Tata Capital is the flagship financial services company of the Tata group with a legacy of over 150 years; third largest diversified NBFC in India with Total Gross Loans of INR 2,334 billion as of June 30, 2025; comprehensive suite of 25+ lending products serving over 7.3 million customers.

Market Position: SBICAPS continues to dominate Indian Equity Capital Markets space, raising ~INR 4.0 Lakh Cr. for its clients since April 2020.

SBICAPS is proud to have acted as Left Lead Merchant Banker to NHAI InvIT’s ‘Round 3’ unit issuance – one of the largest InvIT transaction in the road sector. National Highways Infra Trust (NHIT), the infrastructure Investment Trust by the National Highways Authority of India (NHAI), has successfully concluded fund-raising through ’InvIT Round-3’forNational Highway stretches of aggregate length of 889 kms at an Enterprise Value of over Rs. 16,000 crores, which is the largest monetization by NHAI and one of the largest transactions in the history of Indian road sector. NHIT has raised unit capital through institutional placement of around Rs. 6,181 crores from marquee domestic and international investors. The issue witnessed strong demand from both existing and new investors and was oversubscribed by ~1.08x.
SBICAPS mobilized more than 50% of total issue size. SBI Group has been the No.1 domestic investor in all the 3 rounds of NHAI InvIT’s Unit Issuances. This shows SBI Group’s unwavering commitment to the National Monetization Pipeline.

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