Bharat Highways InvIT IPO GMP, Price, Date, Allotment

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Bharat Highways InvIT IPO GMP

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.

Bharat Highways InvIT

Sponsor of Bharat Highways InvIT: Aadharshila Infratech Private Limited


Bharat Highways InvIT Details

Bharat Highways InvIT IPO Dates28 Feb – 1 Mar 2024
Bharat Highways InvIT Issue PriceINR 98 – 100 per share
Fresh issue250,000,000 shares (INR 2,500 crore)
Offer For SaleNIL
Total IPO size250,000,000 shares (INR 2,500 crore)
Minimum bid (lot size)150 shares (INR 15,000)
Face Value INR 10 per share
Non-Institutional Investor Allocation25%
Listing OnBSE, NSE

Bharat Highways InvIT Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue2,153.971,585.701,509.49368.07
Expenses1,936.071,515.86816.49252.97
Net income149.4562.87527.05101.35
Margin (%)6.943.9634.9227.54
Figures in INR Crores unless specified otherwise

Bharat Highways InvIT Offer News


Bharat Highways InvIT IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon

Bharat Highways InvIT IPO Subscription – Live Updates

CategoryInstitutionalNIITotal
Shares Offered56,188,80046,824,000103,012,800
1 Mar 20248.916.938.02
29 Feb 20240.000.750.35
28 Feb 20240.000.390.18

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 Date28 February 2024
IPO Closing Date1 March 2024
Finalization of Basis of Allotment6 March 2024
Initiation of refunds7 March 2024
Transfer of shares to demat accounts7 March 2024
Bharat Highways InvIT IPO Listing Date12 March 2024
Opening Price on NSEINR 101.10 per share (up 1.10%)
Closing Price on NSEINR 103.05 per share (up 3.05%)

Bharat Highways InvIT IPO Reviews – Subscribe or Avoid?

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Ventura Securities – Subscribe


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[email protected]
Website: 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: +91 40 6716 2222/ 1800 3094001
E-mail: [email protected]
Website: 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: +91 85888 55586
Email: [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.

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