Citius Transnet Invit Ipo
Citius Transnet InvIT IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Axis Capital Ltd.
Ambit Pvt.Ltd.
ICICI Securities Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | April 17, 2026 |
| IPO Close Date | April 21, 2026 |
| Face Value | ₹[.] Per Equity Share |
| IPO Price Band | ₹99 to ₹100 Per Share |
| Issue Size | Approx ₹1,105 Crores |
| Fresh Issue | Approx ₹1,105 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 150 | ₹15,000 |
| Investor Category | Shares (%) |
| QIB (Ex. Anchor) | 75% |
| NII Shares Offered | 25% |
| Anchor Bidding Date | April 16, 2026 |
| Anchor Investors List | |
| Shares Offered | 4,97,24,850 Shares |
| Anchor Size | 497.25 Cr. |
| lock-in period end date 50% shares (30 Days) | May 24, 2026 |
| IPO Open Date: | April 17, 2026 |
| IPO Close Date: | April 21, 2026 |
| Basis of Allotment: | April 24, 2026 |
| Refunds: | April 27, 2026 |
| Credit to Demat Account: | April 27, 2026 |
| IPO Listing Date: | April 29, 2026 |
| IPO Bidding Cut-off Time: | April 21, 2026 – 5 PM |
| Purpose | Crores |
| partial or full acquisition of securities of a) SRPL b) certain identified Project SPVs namely TEL, JSEL, Dhola and Dibang | ₹1,000 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹1,885.30 | ₹2,519.13 | ₹654.01 | ₹11,396.95 |
| 2024 | ₹2,038.53 | ₹2,776.67 | ₹774.12 | ₹10,307.89 |
| 2025 | ₹2,165.62 | ₹2,581.15 | ₹417.75 | ₹8,371.04 |
| Dec 2025 | ₹1,570.39 | ₹1,784.81 | ₹219.05 | ₹8,074.34 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |