The company's board authorized and declared the opening of the issue on Wednesday, 8 October 2025.
The floor price of Rs 62.69 is at a premium of 1.56% to the scrip’s previous closing price of Rs 61.73 on the BSE.
The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the book running lead managers appointed for the issue.
IRB InvIT Fund is a trust established by its sponsor & project manager; it is a private highway infrastructure developer in India.
The company reported a 16.1% increase in consolidated net profit to Rs 99.60 crore on a 6.2% rise in net sales to Rs 290.74 crore in Q1 FY26 as compared with Q1 FY25.