A trust that acquires and owns revenue-generating eligible infrastructure projects and assets by raising funds from investors and distributes the income generated from such assets to the investors by way of dividend and interest. In addition, the investors may also get the benefit of capital appreciation.
- Settlement of trust by execution and registration of Trust Deed
- Obtaining PAN/TAN and completing other registration formalities (opening of bank accounts, Demat account)
- Facilitating registration of Trust with SEBI including the appointment of Investment Manager, Valuer, Tax consultants
- Filing of the offer document, issuance, allotments, and listing of securities (units)
- Appointment of banker’s to the issue, book building lead manager, monitoring agent, and other intermediaries in connection with IPO formalities
- Monitoring of subscription amount and refund of application money
- Overseeing the activities of the Trust including the appointment of Auditors, attending to investor’s grievance, signing of financials, finalizing IT returns
Supervise the functioning of the Investment Manager by seeking Cash Flow report, analyzing it, and reporting deviation, if any, to the investors for guidance; and compliance report as per SEBI regulation.
