Capital Infra Trust InvIT’s IPO opens today, targeting Rs 1,578 crore. Priced between Rs 99-100 per unit, 75% is for institutional investors and 25% for non-institutional investors. Proceeds will repay loans. Sponsored by Gawar Construction, the trust focuses on road and highway projects. SBI Capital Markets and HDFC Bank are lead managers.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is