Bharat Highways Infrastructure Investment Trust InvIT
Mainboard₹15,000 / 150 Shares
Bharat Highways Infrastructure Investment Trust InvIT IPO Details
The Bharat Highways Infrastructure Investment Trust InvIT IPO price band is set between ₹98-100 per equity share, with a face value of ₹ per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 28 Feb, 2024 and closes on 1 Mar, 2024. Investors can check the allotment status on 6 Mar, 2024, while the listing date is tentatively scheduled for 12 Mar, 2024.
The total issue size is 250,000,000 shares, aggregating up to ₹2,500.00 Cr. Stay tuned for the latest Bharat Highways Infrastructure Investment Trust InvIT IPO review and GMP updates.
Bharat Highways Infrastructure Investment Trust InvIT IPO Review, Rating & Analysis
Bharat Highways Infrastructure Investment Trust InvIT IPO Review
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Bharat Highways Infrastructure Investment Trust InvIT IPO Highlights
IPO Date
Feb 28, 2024 - Mar 1, 2024
Listing Date
12 Mar, 2024
Face Value
₹ Per Equity Share
Price Band
₹98-100 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Bharat Highways Infrastructure Investment Trust InvIT IPO Lot Size
The minimum market lot for Bharat Highways Infrastructure Investment Trust InvIT IPO is 150 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10050 | ₹10,05,000 |
Bharat Highways Infrastructure Investment Trust InvIT IPO Timeline
Issue Price
₹98-100 per equity shareFace Value
₹ Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
ICICI Securities LimitedAxis Bank LimitedHdfc Bank LimitedIifl Securities LtdIssue Size
250,000,000 shares(aggregating up to ₹2,500.00 Cr)Bharat Highways Infrastructure Investment Trust InvIT IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 6056.28 | 1537.47 | 527.05 | - | - | - |
| 31 Mar 22 | 5536.40 | 1600.18 | 62.87 | - | - | - |
| 31 Mar 21 | 4943.95 | 2170.39 | 149.45 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Bharat Highways Infrastructure Investment is an infrastructure investment trust that was established with the aim of acquiring, managing, and investing in a portfolio of infrastructure assets in India. The trust is authorized to carry out the activities of an infrastructure investment trust, as allowed under the SEBI InvIT Regulations.
The trust has received a rating of Provisional CRISIL AAA/Stable (Reaffirmed) from Crisil Ratings Limited, Provisional CARE AAA, Stable from CARE Ratings Limite and Provisional IND AAA/Stable from India Ratings and Research.
Bharat Highways Infrastructure Investment Trust InvIT IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 56,188,800 | 46,824,000 NA NA | NA | 103,012,800 |
Day 1 -28-02-24 05:00 PM | 0.00 x | 0.82 NA x NA x | NA x | 0.37 x |
Day 2 -29-02-24 05:00 PM | 0.00 x | 2.24 NA x NA x | NA x | 1.02 x |
Day 3 -01-03-24 05:00 PM | 6.59 x | 6.93 NA x NA x | NA x | 6.74 x |
Company Contact Details
Frequently Asked Questions about Bharat Highways Infrastructure Investment Trust InvIT IPO
When will Bharat Highways Infrastructure Investment Trust InvIT IPO open for subscription?
The Bharat Highways Infrastructure Investment Trust InvIT IPO opens on 28 Feb, 2024 and closes on 1 Mar, 2024.
What is the investors portion for Bharat Highways Infrastructure Investment Trust InvIT IPO?
The investors' portion for QIB is 6.59 x, NII is 6.93 x x, and Retail is x.
How to apply for Bharat Highways Infrastructure Investment Trust InvIT IPO?
You can apply for Bharat Highways Infrastructure Investment Trust InvIT IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The issue size of Bharat Highways Infrastructure Investment Trust InvIT IPO is approx ₹250,000,000 shares(aggregating up to ₹2,500.00 Cr) crores.
What is the price band of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The price band for Bharat Highways Infrastructure Investment Trust InvIT IPO is ₹98 to ₹100 per equity share.
What is the lot size of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The minimum bid (lot size) for Bharat Highways Infrastructure Investment Trust InvIT IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The allotment date for Bharat Highways Infrastructure Investment Trust InvIT IPO is 6 Mar, 2024.
What is the listing date of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The listing date for Bharat Highways Infrastructure Investment Trust InvIT IPO is expected to be 12 Mar, 2024.
What is the GMP of Bharat Highways Infrastructure Investment Trust InvIT IPO?
The latest Grey Market Premium (GMP) for Bharat Highways Infrastructure Investment Trust InvIT IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.