Anil Ambani Group's Reliance Infrastructure Ltd (RELINFRA) has filed fresh papers with SEBI for its proposed InvIT Fund IPO, and reduced the issue size from Rs. 3,000 crore to Rs. 2,500 crore. 

Since the launch of the new InvIT vehicle - which allows people to invest in a pool of infrastructure projects in roads and power, and gain returns from project revenues - only IRB Infrastructure Developers has so far launched an InvIT to raise funds via IPO.  IRB's InvIT fund was fully subscribed, at 8.57 times on the final day of its initial public offering (IPO), according to data from BSE and NSE.

The portion of the share sale reserved for institutional investors was subscribed 10.81 times, while the part reserved for high net-worth individuals and other non-institutional investors was subscribed 5.89 times.