loader

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

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.

Subscribe

    Subscribe to content and reports from SBICAPS

    I hereby provide my consent to share my email id with SBICAPS for the purpose of availing the service of subscription to the content and reports from SBICAPS and let them use, share and retain it to provide, analyse, administer, enhance and extend their service.

    Accessibility Controls

    Color Contrast

    High contrast background & text

    Screen Reader

    Hover-to-speech English voice assistant

    Keyboard Nav

    Enhanced tab focus outline & skip link

    Video

    Pauses sliders, animations & media players

    Other Helpers

    Enlarges cursor & highlights active links

    Zoom Scaling

    Adjust core sizing level (-4px to +8px)

    Default