The Citius Transnet Investment Trust's Infrastructure Investment Trust (InvIT) IPO opened for subscription today, targeting to raise ₹1,105 crore through a fresh issue priced between ₹99-100 per unit. The offer comprises 11.05 crore units and will close on April 21, with allotment expected on April 24 and listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) scheduled for April 29. The allocation framework reserves up to 75% for institutional investors and at least 25% for non-institutional investors.

Citius Transnet InvIT focuses on operating road infrastructure assets, managing a portfolio of 3,406.71 lane-kilometres across nine states, including seven toll projects and three annuity-based projects. The trust is sponsored by Epic TransNet Infrastructure, supported by EAAA India Alternatives, a significant player in India's infrastructure investment sector.

The proceeds from the IPO will primarily be used for acquiring project assets, with around ₹1,000 crore earmarked for this purpose, while the remainder will address general corporate needs. Despite reporting a net loss of ₹219 crore for the nine months ending December 2025, this is common for infrastructure investment vehicles during their initial phases. Investors are expected to evaluate the InvIT based on cash yield and distribution potential rather than net profit, focusing on stable cash flows and income distributions. The timing of this IPO aligns with a growing interest in infrastructure-focused investment products among institutional and high-net-worth investors seeking predictable returns.