NDR InvIT raises Rs 410 crore through bond issuance

NDR InvIT Trust has raised Rs 410 crore through bond issuance, which was fully subscribed, reflecting strong investor demand for high-quality infrastructure-backed assets.

The issuance was anchored by the International Finance Corporation (IFC), with participation from India Infrastructure Finance Company Limited (IIFCL), which subscribed to Rs 205 crore of the total issue. The strong participation from marquee institutional investors underscores continued confidence in NDR InvIT’s business model, asset quality, and growth strategy.

The bonds are secured, rated, listed, redeemable non-convertible debentures with a tenor of 5 years and carry a coupon of 7.61%. The issuance is rated AAA (Stable) by leading rating agencies, indicating a high degree of safety regarding timely servicing of financial obligations.


The proceeds from the issuance will be primarily utilized towards the acquisition of warehousing assets, in line with the Trust’s strategy to expand its high-quality logistics and warehousing portfolio across key markets in India. This capital raise will further strengthen NDR InvIT’s platform and support its long-term growth plans in the infrastructure sector.

“This successful fundraise is a testament to the institutional confidence reposed in us and the quality of our assets. The participation of marquee investors is a validation of our long-term strategy of creating a diversified portfolio of high-quality infrastructure assets. We are committed to disciplined growth and delivering consistent and predictable returns to our investors,” said Sandeep Jain, CFO, NDR InvIT.

NDR InvIT continues to strengthen its position as a credible platform for infrastructure investment, with a focus on scaling its portfolio across logistics and warehousing assets. The Trust remains well-positioned to capitalize on India’s growing infrastructure and supply chain opportunities, supported by long-term capital and a robust operating framework.

NDR InvIT Trust has an AUM of 22.17 million square feet. The Trust’s portfolio spans over 67 warehouses and 39 industrial parks across 17 cities in India, leased to more than 100 tenants across sectors such as third-party logistics, e-commerce, technology, engineering, automobiles, white goods, retail, and FMCG. Through its platform, NDR InvITTrust focuses on enabling sustainable economic and social growth through strategic infrastructure investments.