{"status":"success","statusCode":200,"message":"IPO details fetched successfully","data":[{"symbol":"CITIUSINVT","type":"Mainboard","name":"Citius TransNet Investment Trust","detailsUrl":"https://zerodha.com/ipo/445800/citius-transnet-investment-trust","logoUrl":"https://zerodha.com/z-connect/wp-content/uploads/2026/04/citius_transnet_logo-300x300.png","priceRange":"₹99 – ₹100","status":"LIVE","schedule":{"startDate":"2026-04-17","endDate":"2026-04-21","listingDate":"2026-04-29","upiMandateDeadline":"2026-04-21","allotmentFinalization":"2026-04-24","refundInitiation":"2026-04-27","shareCredit":"2026-04-27","mandateEndDate":"2026-05-06","lockInEndDateAnchor50":"2026-05-22","lockInEndDateAnchorRemaining":"2026-07-21"},"issueSize":{"totalIssueSize":"1105","freshIssue":"1105","offerForSale":null},"aboutCompany":"Citius TransNet Investment Trust is an infrastructure investment trust established to own, operate and invest in road infrastructure assets in India. The Trust has been set up to acquire and manage a portfolio of road projects held through holding companies and special purpose vehicles, which operate under concession agreements with relevant authorities. Its business primarily involves operating and maintaining these road assets and generating income through toll collections, annuity payments and related cash flows from such projects. The Trust is managed by an investment manager and supported by a project manager responsible for execution and operations. It aims to raise funds from investors and deploy them into infrastructure assets in accordance with InvIT regulations, with a focus on stable cash flow generation and distribution to unitholders from the underlying portfolio assets.","drhpLink":"https://www.sebi.gov.in/filings/invit-public-issues/dec-2025/citius-transnet-investment-trust_98159.html","rhpLink":"https://www.citiustransnet.in/wp-content/uploads/2026/04/Project-Fortis-Offer-Document-filing-version.pdf","strengths":["Diversified portfolio of 10 road assets across multiple states reduces concentration risk.","Strong operational history with several toll assets operating for over 5–12 years.","Revenue mix includes both toll and annuity income, providing cash flow visibility.","Large road network of over 3,400 lane kilometres supports scale and revenue generation.","Backed by an experienced sponsor and investment manager with strong infrastructure expertise."],"risks":["The Trust has no operating track record and may not achieve expected performance.","Past losses may continue and negatively impact financial condition and cash flows.","Revenue is concentrated in a few SPVs, increasing dependency risk.","Dependence on annuity payments from government authorities exposes payment risk.","Financial projections and statements may not reflect future performance accurately."],"greyMarketPremium":{"gmpSource":"https://ipowatch.in/citius-transnet-invit-ipo-gmp-grey-market-premium/#google_vignette","gmpTrends":null},"subscriptionNumbers":{"institutional":{"reserved":"334.85","applied":"100","subscription":"0.30x"},"nii":null,"retail":null,"total":{"reserved":"613.89","applied":"410.02","subscription":"0.67x"}}}]}