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Investcorp-backed NDR InvIT plans to join InvIT IPO rush; to raise around Rs 1,000 cr

in5points

  1. Investcorp-backed NDR InvIT plans to raise around Rs 1,000 crore through an IPO.

  2. NDR InvIT joins a rush of infrastructure trusts going public to tap domestic capital.

  3. Cube Highways Trust raised Rs 5,000 crore through its share sale last week.

  4. Brookfield-sponsored Altius Telecom Trust is expected to file draft papers for a Rs 6,000 crore share sale.

  5. KKR-backed Vertis Infrastructure Trust is also planning to go public.

13h ago · original ↗