Shrem InvIT is an infrastructure investment trust offered by Shrem Infrastructure, which will go public in the next 18-24 months after reaching an Assets Under Management (AUM) of $3 billion, or ₹240 billion. The Mumbai-based InvIT company only invests in hybrid annuity model (HAM) projects. It is currently in talks with potential road developer sellers for acquisition. Some of these are expected to be completed before the end of the current budget. The Trust, which buys only fully completed projects, acquired 10 highway projects from infrastructure firm Dilip Buildcon in early 2022. Shrem InvIT plans to go public in 1-2 years. They are privately listed on NSE as of now and will go public when they reach $3 billion AUM.