TVS Infrastructure Trust debuts on NSE, marking a milestone in India’s warehousing sector with IFC investing ₹348 crore.
TVS Industrial & Logistics Parks (TVS ILP) achieved a landmark milestone with the listing of its Infrastructure Investment Trust (InvIT), TVS Infrastructure Trust, on the National Stock Exchange. This listing coincides with the 20th anniversary of the founding partnership between TVS SCS and Ravi Swaminathan & Family.
TVS ILP becomes India’s first corporate developer to launch a warehousing-focused InvIT, reflecting two decades of leadership in Grade A industrial infrastructure. The InvIT raised approximately ₹2,000 crore, including ₹1,050 crore through a fresh issue and ₹250 crore via an offer for sale. IFC, a World Bank Group member, invested ₹348 crore as the cornerstone investor, its first equity investment in a warehousing InvIT in India.
Backed by marquee global and domestic investors including L&T, the trust is seeded with assets worth ₹3,000 crore, spanning 11 million sq. ft. across major logistics hubs. With over 30 diverse tenants and less than 50% rental dependence on the top 10, the trust ensures stable income and risk mitigation.
This strategic move is expected to deepen capital markets, promote sustainable warehousing, and expand infrastructure in underserved regions.
Source: IFC
