IRB Infrastructure Developers has completed a total fundraising of Rs 381.63 crore, with a Rs 194.63-crore investment in its sponsored IRB Infrastructure Trust, the Private InvIT jointly launched by the Company and Singapore based GIC Affiliates with 51% and 49% holding in it respectively. While, the Sponsors IRB Infra invested Rs 194.63 crore; the GIC Affiliates invested Rs 187 crore.
To re-iterate, the GIC Affiliates had invested approximately Rs 3,750 crore in February 2020, as the first tranche towards its investment in the IRB Infrastructure Trust; which was subsequently followed by the second tranche of Rs 510 crore raised in November 2020 by way of Rights Issues with the respective holding of 51:49 for Sponsor IRB Infrastructure Developers Ltd. And GIC Affiliates. All projects under the Private InvIT are revenue generating, including three projects, which are under Tolling and Construction. The funds raised will be utilized towards equity requirement for under construction projects.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3973.60 |
| Rail Vikas Nigam | 305.00 |
| NCC | 169.85 |
| KEC International | 598.10 |
| Kalpataru Projects | 1274.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: