Nxt-Infra Trust Share Price

NxtInfra Trust was registered as an Infrastructure Investment Trust with the SEBI under the InvIT Regulations on November 8, 2023The Trust is sponsored by Actis Highway Infra Limited (the Sponsor), part of the Actis Group, which is a global investor in sustainable infrastructure. Walter Infra Manager Private Limited has been appointed as the Investment Manager to the Trust, and Walter Infra Project Manager Private Limited, an associate of the Sponsor, has been appointed as the Project Manager in relation to the Initial Portfolio Assets.The Trust proposes to have an initial portfolio of six Project SPVs comprising 14 road stretches spanning an aggregate length of over 2000 lane kilometres, located across Delhi, Haryana, Uttarakhand, Uttar Pradesh and Maharashtra in India. The portfolio is a mix of toll and annuity assets. The Initial Portfolio Assets comprise both national highways and state highways, and are located in the states of Delhi, Haryana, Uttarakhand, Uttar Pradesh and Maharashtra. The NXTInfra CGRG Highways Limited project involved enhancing the connectivity of multiple towns and villages in Uttarakhand. The project involved FourLaning of the ChutmalpurGaneshpur Section of NH72A and the RoorkeeChutmalpurGagalheri Section of NH73. The 53.3 kilometers of FourLaning work was completed in time. The project taken up by Welspun Infrafacility Private Limited involved eightlaning the section of new NH44 from Mukarba Chowk at Km. 15+500 to Panipat Km. 86+000 in the State of Haryana. The 70.5kilometerlong eightlane work is 97% completed. A 51.455 kilometerslong project involving the fourlaning of the GagalheriSaharanpurYamunanagar section of NH73 in Uttar Pradesh and Haryana was completed by NxtInfra GSY Private Limited. It significantly improved the connectivity of towns in the region. The 8.716kilometerlong project undertaken by Delhi Meerut Expressway Private Limited was completed in 19 months. Improvement done to Roads joining Taluka place in Akola and Amravati District (Daryapur Murtizapur) (SH 282 length 26.80 km).ChikhliTarsod Highways Private Limited completed the 62.7kilometerlong project, upgrading a crucial link in the NagpurSurat Economic Corridor. With the upgrade to a modern 4lane corridor, this project reduce the travel time from Chikhali to Tarsod by 71%.The Trust has issued 15,20,00,000 units of the InvIT at a price of INR 100 per unit by raising funds aggregating to Rs 1,520 Crores in July, 2024. The Trust has completed the Gagalheri Saharanpur Yamunanagar Project (51.455 km) and the ChikhaliTarsod Project (62.7 km) in 2025.