NDR InvIT’s Growth Engine: A ₹726 Crore Bet on Indian Logistics

NDR InvIT, India’s first perpetual warehousing and industrial parks Infrastructure Investment Trust, is planning to raise approximately ₹726.8 crore to accelerate its expansion in the logistics and warehousing sector.

The proposed capital raise will be carried out through a preferential issue, forming part of a broader strategy to fund acquisitions, scale up operations, and strengthen its position in the organised warehousing infrastructure space. The move comes amid rising demand for high-quality logistics assets, driven by growth in e-commerce, manufacturing, and improved supply chain networks across the country.

In line with its expansion strategy, NDR InvIT has recently acquired two Grade-A operational warehouses in Kochi and Coimbatore for around ₹260 crore, adding nearly 0.79 million sq. ft. of leasable space. This has expanded its total operational portfolio to approximately 22.96 million sq. ft. across multiple cities.

Earlier, in March, the trust raised ₹410 crore through bond issuances backed by institutional investors such as the International Finance Corporation (IFC) and India Infrastructure Finance Company (IIFCL), with the funds earmarked for further acquisitions. The upcoming fundraise is expected to support NDR InvIT’s entry into key logistics corridors and underpenetrated markets, tapping into the growing demand for modern Grade-A warehousing and stable rental income opportunities.

News by Rahul Yelligetti.