Shrem Invit (NSEI:SHREMINVIT), an infrastructure investment trust floated by Shrem Infrastructure, will go for public listing in the next 18-24 months after achieving an asset under management (AUM) of $3 billion, or INR 240,000 million, a company official said. The Mumbai-based InvIT company which invests in only hybrid annuity model (HAM) projects, is holding talks with the potential sellers of highway developers for acquisition. Some of these are expected to be concluded before the end of the current fiscal.

Nitan Chhatwal, Chairman of Shrem InvIT, said, "We plan to go for public listing in 1-2 years. We are privately listed on NSE as of now. We will go for public listing when we will have an AUM of $3 billion".