Bharat Highways InvIT IPO opens today Subscriber or Not?

Bharat Highways InvIT IPO raised ₹825.97 crore from anchor investors on Tuesday, February 27. 

The company notified the exchanges that it allocated 8,25,97,350 equity shares at ₹100 apiece. 

Bharat Highways InvIT IPO price band has been set in the range of ₹98 to ₹100 per equity share.  

Bharat Highways InvIT IPO has reserved not more than 75% of the offer size of the shares in the public issue for Qualified Institutional Buyers (QIB) 

Bharat Highways InvIT IPO basis of allotment of shares will be finalised on Monday, March 4 and the company will initiate refunds on Tuesday, March 5 

According to the SEBI InvIT Regulations, the Trust is permitted to conduct infrastructure investment trust operations. 

The company’s portfolio comprises of seven highways in Uttar Pradesh, Gujarat, Andhra Pradesh, Maharashtra, and Punjab that are all run on a HAM basis. 

Bharat Highways Infrastructure Investment Trust’s profit after tax (PAT) increased by 738.34% while its revenue declined by 3.92%. 

Bharat Highways InvIT IPO is a book built issue of ₹2,500 crores. The issue is entirely a fresh issue of 25 crore shares. 

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.