Last updated on March 13, 2024
Bharat Highways InvIT IPO Description – Bharat Highways InvIT is an infrastructure investment trust formed to acquire, manage, and invest in a portfolio of infrastructure assets in India, adhering to the activities permitted under the SEBI InvIT Regulations.
The Sponsor specializes in testing services within the realm of transportation engineering, boasting expertise in NSV surveys, FWD surveys, pavement design for roads and airports, physical and chemical soil testing, lime and cement analysis, road roughness testing, as well as concrete and bituminous mix design for road projects.
The initial portfolio comprises seven road assets, all operating under the Hybrid Annuity Model (HAM), situated in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. As of 31 January 2024, the InvIT Assets encompass approximately 497.292 kilometers of constructed and operational roads across five states in India. The Project SPVs (Special Purpose Vehicles) own, operate, and maintain these projects.
Sponsor of Bharat Highways InvIT: Aadharshila Infratech Private Limited
Table of Contents
Bharat Highways InvIT Details
| Bharat Highways InvIT IPO Dates | 28 Feb – 1 Mar 2024 |
| Bharat Highways InvIT Issue Price | INR 98 – 100 per share |
| Fresh issue | 250,000,000 shares (INR 2,500 crore) |
| Offer For Sale | NIL |
| Total IPO size | 250,000,000 shares (INR 2,500 crore) |
| Minimum bid (lot size) | 150 shares (INR 15,000) |
| Face Value | INR 10 per share |
| Non-Institutional Investor Allocation | 25% |
| Listing On | BSE, NSE |
Bharat Highways InvIT Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 2,153.97 | 1,585.70 | 1,509.49 | 368.07 |
| Expenses | 1,936.07 | 1,515.86 | 816.49 | 252.97 |
| Net income | 149.45 | 62.87 | 527.05 | 101.35 |
| Margin (%) | 6.94 | 3.96 | 34.92 | 27.54 |
Bharat Highways InvIT Offer News
- Bharat Highways InvIT RHP
- Bharat Highways InvIT DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Bharat Highways InvIT IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Bharat Highways InvIT IPO Subscription – Live Updates
| Category | Institutional | NII | Total |
| Shares Offered | 56,188,800 | 46,824,000 | 103,012,800 |
| 1 Mar 2024 | 8.91 | 6.93 | 8.02 |
| 29 Feb 2024 | 0.00 | 0.75 | 0.35 |
| 28 Feb 2024 | 0.00 | 0.39 | 0.18 |
Bharat Highways InvIT IPO Allotment Status
Bharat Highways InvIT IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Bharat Highways InvIT IPO Dates & Listing Performance
| IPO Opening Date | 28 February 2024 |
| IPO Closing Date | 1 March 2024 |
| Finalization of Basis of Allotment | 6 March 2024 |
| Initiation of refunds | 7 March 2024 |
| Transfer of shares to demat accounts | 7 March 2024 |
| Bharat Highways InvIT IPO Listing Date | 12 March 2024 |
| Opening Price on NSE | INR 101.10 per share (up 1.10%) |
| Closing Price on NSE | INR 103.05 per share (up 3.05%) |
Bharat Highways InvIT IPO Reviews – Subscribe or Avoid?
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Bharat Highways InvIT IPO Lead Manager
ICICI SECURITIES LIMITED
ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email:Â [email protected]
Website:Â www.icicisecurities.com
Bharat Highways InvIT Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222/ 1800 3094001
E-mail:Â [email protected]
Website:Â www.kfintech.com
Bharat Highways InvIT Contact Details
BHARAT HIGHWAYS INVIT
Novus Tower, Second Floor, Plot No. 18,
Sector 18, Gurugram, Haryana 122 015, India
Phone:Â +91 85888 55586
Email:Â [email protected]
Website: www.bharatinvit.com
Bharat Highways InvIT IPO FAQs
How many shares in Bharat Highways InvIT IPO are reserved for QIB and Non-Institutional Investors?
The investors’ portion for QIB – 75%, and NII – 25%.
How to apply in Bharat Highways InvIT Public Offer?
The best way to apply in Bharat Highways InvIT public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Bharat Highways InvIT IPO GMP today?
Bharat Highways InvIT IPO GMP today is INR NA per share.
What is Bharat Highways InvIT kostak rate today?
Bharat Highways InvIT kostak rate today is INR NA per application.
What is Bharat Highways InvIT Subject to Sauda rate today?
Bharat Highways InvIT Subject to Sauda rate today is INR NA per application.
EPS AND P/E RATIO SECTION IS MISSING