MEP Infra unveils Rs. 2,500cr plan via InvITs
![MEP Infra InvITs](/images/nbm-media/News/Sep-16/35180-MEPInfra-InvITs.jpg)
The process of filing the DRHP with market regulator SEBI is in the final stages and it would be done in the next 30 days. The Mumbai-based firm has also shortlisted a couple of advisors - both Indian and foreign - for the InvITs, and finalisation would take place very shortly. InvITs, much like mutual funds, enable individuals to pool investments into the infrastructure sector and earn a return on the income (after deducting expenditure). InvITs can invest in infrastructure projects, either directly or through SPVs (special purpose vehicles), while in case of public-private partnership projects, such investments can be made only through SPVs, said official sources.