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The Economic Times
The Economic Times

NDR InvIT Trust files draft papers for Rs 750 crore IPO

Trust InvIT IPO India SEBI

NDR InvIT Trust, sponsored by NDR Warehousing Private Limited, has proposed to convert into a public InvIT through an initial public offering aimed at raising up to Rs 750 crore.

The proposed IPO comprises a fresh issue of units worth up to Rs 450 crore and an offer-for-sale (OFS) aggregating up to Rs 300 crore by Investcorp India Warehousing IFSC Trust, according to the draft offer document filed with markets regulator Sebi.

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