Capital Infra Trust, formerly known as National Infrastructure Trust, is an infrastructure investment trust (InvIT), under the sponsorship of Gawar Construction Limited (GCL). The trust operates within the framework of the SEBI InvIT Regulations to carry out activities and make investments in infrastructure projects.

Gawar Construction Limited (GCL)

GCL is a prominent infrastructure development and construction company in India with over 15 years of experience. It specializes in the construction of roads and highways across 19 states in India. The sponsor has collaborated with several government and semi-government entities, including:
i. National Highways Authority of India (NHAI)
ii. Ministry of Road Transport & Highways (MoRTH)
iii. Mumbai Metropolitan Regional Development Authority (MMRDA)
iv. Central Public Works Department (CPWD)

Since 2008, GCL has undertaken over 100 road construction projects. As of the offer document date, GCL’s portfolio includes 26 road projects executed under the hybrid annuity model (HAM) for NHAI. These projects are categorized as:
i. 11 completed projects, including five acquired assets from Sadbhav Infrastructure Project Limited.
ii. 15 under-construction projects.

Future Outlook

Capital Infra Trust leverages its sponsor’s expertise and established track record to invest in infrastructure assets that promise stable and predictable cash flows. The trust is strategically positioned to benefit from GCL’s operational efficiencies, robust portfolio of projects, and its strong relationship with government and regulatory bodies. This positions it as a significant player in the infrastructure investment landscape in India.