Infrastructure Investment Trust

Infrastructure Investment Trust (InvIT) is an instrument 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.

MC Explainer: How are InvITs taxed?

For both retail individuals as well as HNIs, InvITs are fast becoming the vehicle of choice for investing in India’s infrastructure growth story. So it’s important to understand how your income will be taxed.

SEBI cuts listing time for REITs, InvITs by half to 6 days

The new rule will apply to a public issue of units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), which opens on or after June 1, said the markets regulator

EPFO to invest part of corpus in InvITs: Report

The move to invest in InvITs could help expand the scope of EPFO's investment beyond bonds, government securities and exchange-traded funds (ETFs), officials said.

We continue to be optimistic about the potential of transmission sector: IndiGrid

Harsh Shah, Chief Executive Officer, IndiGrid, spoke to Moneycontrol on the rights issue, future plan of the company, amendment to Sebi regulations and the potential of InvITs and Real Estate Investment Trusts. IndiGrid is now planning a rights issue that will open on April 6 and close on April 13.

IL&FS's road InvIT gets all important approvals from CCI, SEBI and others; to be launched soon

The group mentioned that it has addressed Rs 32,000 crore of the group's overall debt so far and retained its target of addressing a debt of over Rs 56,000 crore by 2021-22, of an overall debt of over Rs 99,000 crore (as of October 2018).

NHAI might target raising Rs 65,000 crore in 2021-22: Report

NHAI has set the target of raising Rs 65,000 crore in FY21, of which it had obtained Rs 45,000 crore by the end of December 2020.

Govt likely to ease fund-raising norms for Investment Trusts soon

According to sources, the proposals include reducing the holding period for long term capital gains, allowing banks to lend to REITs and relaxing conditions for investment in debt securities of trusts.

SEBI puts in place guidelines for listed REIT, InvIT on rights issue

SEBI said the issuer will have to disclose objects of the issue, related-party transactions, valuation, financial details, review of credit rating and grievance redressal mechanism in the placement document.

India Grid Trust garners Rs 1,012 cr from anchor investors

The InvIT, sponsored by Sterlite Power Grid Ventures Ltd, has allotted 10.12 crore units on an average price of Rs 100 to 19 anchor investors for a sum of Rs 1,012.44 crore, it said in a statement.

4 InvIT IPOs to reduce holding groups‘ debt by Rs 13,000 crores

The first four infrastructure investment trusts (InvITs), which are likely to hit the primary markets this financial year, can reduce the overall debt of the sponsor groups by close to Rs 13,000 crores, says &#82

IRB targets Rs 5,000 crores from its maiden InvIT IPO on May 3, 2017

Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund &#82

Industry implication of SEBI allowing banks to invest in REITs and InvITs: An analysis

Ever since the introduction of the SEBI (Real Estate Investment Trusts) Regulations and SEBI (Infrastructure Investment Trusts) Regulations in 2014, the market regulator and the government of India have initiated a number of reforms &#82

SEBI permits mutual funds to invest in REITs and InvITs

As it looks at ways to attract more investors into the capital market, the Securities and Exchange Board of India (SEBI) board, has allowed mutual funds to invest in real estate investment trusts (REITs) &#82

No takers for REITs, 5 cos to list InvITs this financial year

It's been over two years since Securities Exchange Board of India (SEBI) paved the way for Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (INVIT) to be introduced in the Indian market and since then, both the regulator and government have tried to sweeten the deal for developers and infra players to take the plunge.

Three companies get SEBI nod to launch InvITs

The markets watchdog, the Securities and Exchange Board of India (SEBI), has finally granted approval to three companies – IRB Infrastructure, GMR and MEP Infrastructure – to launch infrastructure investment trusts (InvITs). Accordingly, these &#82

SEBI to allow REITs and InvITs to take off this year

With an aim to give capital markets a big push, the Securities and Exchange Board of India (SEBI) is likely to ease out regulations for real estate investment trusts (REITs) and infrastructure investment trusts &#82

ReNew and ACME likely to raise funds via InvITs: Sources

Sources say ReNew Power aims to raise Rs 1500 crore via InvITs in order to acquire renewable power plants and ACME plans to raise Rs 600 crore.

Cos can approach SWFs, pension funds for ECBs: RBI draft

The draft framework on External Commercial Borrowings (ECBs), however, proposed to lower the all-in cost borrowing by 0.50 percent to ensure that the funds are borrowed from abroad at a reasonable interest rate.

GMR Group looking to list its roads portfolio

The debt-laden company is looking to raise upto Rs. 4,000 crores through an InvIT listing, which might include few of its six completed highway projects.

Construction sector may revive with easy project funding

The Reserve Bank and the government has taken multiple steps to ease funding availability for infrastructure projects.

Govt moots smoother foreign investment norms for REITs

Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvITs) would also get tax incentives. Along with foreign investors, domestic institutions like insurers, pension funds and provident funds would also be allowed to invest in these trusts.