Vertis Infrastructure Trust's finance committee approved unsecured listed commercial papers up to ₹700 crore (7 billion rupees) on December 5, 2025, via private placement. This short-term debt bolsters liquidity for India's leading roads InvIT, managing ₹266 billion AUM across 28 assets amid robust toll growth.
Funding Boost
Vertis Infrastructure Trust (formerly Highways Infrastructure Trust), KKR-backed with OTPP support, greenlit this CP issuance to optimize working capital and seize acquisition opportunities. The SEBI-registered InvIT oversees 8,300 lane km of toll (70% AUM) and annuity/HAM assets across 10 states, delivering ₹50.46/unit cumulative distributions since 2022 listing.
Key Highlights
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Issue Details: Up to ₹700 Cr unsecured listed CPs in tranches; short-term liquidity tool.
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Portfolio Strength: ₹266 Bn AUM; 9.9% Q2 FY26 traffic growth vs 5.5% projected; 14% toll revenue rise.
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Financials: Q2 revenue ₹1,051 Cr (89% EBITDA); DPU ₹3/unit (₹453 Cr total); net debt/AUM 41.3%.
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Debt Profile: ₹109 Bn outstanding at 7.53%; staggered maturities, AAA-rated lenders like SBI, Axis.
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Growth Momentum: Recent PNC acquisitions; ₹900 Cr SLB raised; IPO prep underway.
Sources: Screener.in, NSE India, Zerodha, Economic Times