Institutional placement of units opens; floor price fixed at ₹ 64.26 per unit
IRB InvIT Fund has opened an institutional placement of units today.
By ScoutQuest · · 1 min read
- Floor Price per Unit
- ₹ 64.26 per unit
- Relevant Date
- September 24, 2026
- Placement Type
- Institutional placement of units
- Final Price Determination
- To be decided by Investment Manager along with lead managers, at or above floor price
What was announced
The Investment Manager's board, at its meeting on September 24, 2026, authorised the opening of an institutional placement of units of IRB InvIT Fund on the same day.
Pricing
- Floor price approved at ₹ 64.26 per Unit, computed under the pricing formula prescribed in the SEBI InvIT Regulations read with the Master Circular.
- The 'relevant date' for the issue was fixed as September 24, 2026.
- The final issue price will be determined by the Investment Manager in consultation with the lead managers appointed for the issue.
Approvals behind it
- Board approval at its meeting held on July 02, 2026.
- Unitholder approval by resolution passed through postal ballot on August 03, 2026.
- Preliminary placement document dated September 24, 2026, along with the application form, approved and adopted.
What this means simply
An institutional placement is a way for the trust to raise fresh money by issuing new units to institutional buyers. The floor price is the minimum price at which those units can be offered; the actual price is settled once the book is built. Issuing new units increases the total number of units outstanding, so existing unitholders' proportionate share can change depending on the final size and price of the issue.
Trading window
Under the trust's code of conduct for designated persons, the trading window remains closed for dealing in units and will stay closed until further notice to the stock exchanges.
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8 Oct 2026
Quarterly corporate governance compliance report shared for Q2 FY 2026-27
8 Oct 2026
Unitholding pattern post capital restructuring; Sponsor and Sponsor Group hold 17.13% of units
5 Oct 2026
More numbers
- Floor price per Unit₹ 64.26/- per Unit
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