IRBINVIT

Overview

IRB InvIT Fund is an infrastructure investment trust (InvIT) that was listed on the BSE and NSE in India in 2017. The fund invests in a portfolio of six highway projects, including five BOT assets and one HAM asset. The total enterprise value of the assets in the fund is Rs.8,244 crores.

History

IRB InvIT Fund was set up by IRB Infrastructure Developers Limited (IRB InDev), which is one of the leading infrastructure developers in India. IRB InDev has a track record of over 25 years in the infrastructure sector, and has developed over 1,000 kilometers of highways in India.

How the company operates

IRB InvIT Fund operates as a trust, with IRB InDev as the sponsor and project manager. The fund invests in a portfolio of highway projects, and generates income from tolls and other related fees. The income from the projects is distributed to the unitholders of the fund on a quarterly basis.

The future

IRB InvIT Fund has a strong pipeline of projects in the pipeline, and is expected to grow its portfolio in the coming years. The fund is also exploring the possibility of investing in other infrastructure assets, such as power and water projects.

Conclusion

IRB InvIT Fund is a well-managed infrastructure investment trust with a strong track record. The fund has a diversified portfolio of assets, and is well-positioned to grow in the coming years.

Official Website

The official website of IRB InvIT Fund is https://www.irbinvit.co.in/

Milestones

Additional information and interesting facts

Brands and companies