NHAI InvIT to be listed on stock exchange on Friday

Infrastructure Investment Trusts are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time.

NHAI InVIT subscribed by 6.69 times

NHIT (National Highways Infra Trust) in a statement said the non-convertible debentures (NCDs) were subscribed 3.16 times in the retail category, 9.74 times in the institutional category, 11.02 times in the non-institutional category and 2.86 times in the high net-worth individual category.

ICRA assigns provisional [ICRA]AAA rating to the largest road InvIT in India

India has seen multiple issuances under the InvIT structure with government entities like Power Grid and the National Highways Authority of India (NHAI) also floating InvITs.

<ul><li>India has seen multiple issuances under the InvIT structure with government entities like Power Grid and the National Highways Authority of India (NHAI) also floating InvITs.</li></ul>

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NHAI InvIT to be listed on stock exchange on Friday

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NHAI InVIT subscribed by 6.69 times

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ICRA assigns provisional [ICRA]AAA rating to the largest road InvIT in India