Bharat Highways InvIT IPO
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 28, 2024 |
Close Date:- | March 1, 2024 |
Allotment Date:- | March 6, 2024 |
Listing Date:- | March 12, 2024 |
About Bharat Highways InvIT :-
Bharat Highways Infrastructure Investment is an infrastructure investment trust established to acquire, manage, and invest in a diversified portfolio of infrastructure assets across India. Authorized to operate as an infrastructure investment trust under the SEBI InvIT Regulations, the Trust is committed to strategically managing its investments.
The Trust's portfolio comprises seven roads, all operating under the Hybrid Annuity Model (HAM) in various states including Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. These roads are managed and maintained through concession rights granted by the NHAI and are currently owned and operated by the Project Special Purpose Vehicles (SPVs), which are wholly owned by GRIL.
Additionally, the InvIT has entered into a Right of First Refusal (ROFO) agreement with GRIL. This agreement grants the InvIT the priority to acquire certain other assets owned or under development by GRIL.
Regarding its creditworthiness, the Trust has been assigned provisional ratings: CRISIL AAA/Stable (Reaffirmed) by Crisil Ratings Limited, CARE AAA, Stable by CARE Ratings Limited, and IND AAA/Stable by India Ratings and Research. These ratings signify the Trust's strong financial standing and stability.
Contact Details :-
Address:- Bharat Highways Infrastructure Investment Trust Novus Tower, Second Floor, Plot No. 18, Sector 18, Gurugram,- 122 015
Phone:- +91 85888 55586
E-mail:- cs@bharatinvit.com
Website:- https://www.bharatinvit.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | Mainline |
Price:- | ₹98 to ₹100 |
Lot Size:- | 150 |
Minimum Amount for 1 Lot:- | ₹15,000 |
Listing At:- | BSE, NSE |
Total issue of Shares:- | 25,00,00,000 |
Total issue Size:- | ₹2,500 Crore |
Fresh issue of Shares:- | 25,00,00,000 |
Fresh issue Size:- | ₹2,500 Crore |
QIB Quota:- | 75% |
NII Quota:- | 25% |
Financial Information :-
Amount in ₹ Crore
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 5,916.80 | 6,056.28 | 5,536.40 | 4,943.95 |
Revenue | 388.54 | 1,537.47 | 1,600.18 | 2,170.39 |
Profit After Tax | 101.35 | 527.05 | 62.87 | 149.45 |
Net Worth | ||||
Reserves and Surplus | ||||
Total Borrowing |
Key Performance Indicator :-
Particulars | Value |
---|
IPO Registrar :-
Name:- Kfin Technologies Limited
Website:- https://kosmic.kfintech.com/ipostatus/
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
23-02-2024 | ₹0 | ₹100 | 0% |
24-02-2024 | ₹0 | ₹100 | 0% |
25-02-2024 | ₹0 | ₹100 | 0% |
26-02-2024 | ₹0 | ₹100 | 0% |
27-02-2024 | ₹0 | ₹100 | 0% |
28-02-2024 | ₹0 | ₹100 | 0% |
29-02-2024 | ₹0 | ₹100 | 0% |
01-03-2024 | ₹2 | ₹102 | 2% |
02-03-2024 | ₹2 | ₹102 | 2% |
03-03-2024 | ₹2 | ₹102 | 2% |
04-03-2024 | ₹2 | ₹102 | 2% |
05-03-2024 | ₹2 | ₹102 | 2% |
06-03-2024 | ₹2 | ₹102 | 2% |
07-03-2024 | ₹2 | ₹102 | 2% |
Subscription Details :-
Date | QIB | NII | Retail | Employee | Other | Total |
---|---|---|---|---|---|---|
February 28, 2024 | 0.00 | 0.37 | ||||
February 29, 2024 | 0.00 | 1.02 | ||||
March 1, 2024 | 6.59 | 6.74 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on March 6, 2024) | Click Here |
Bharat Highways InvIT IPO FAQ :-
What is the opening date for Bharat Highways InvIT IPO?
The Bharat Highways InvIT IPO opens on February 28, 2024.
What is the closing date for Bharat Highways InvIT IPO?
The Bharat Highways InvIT IPO closes on March 1, 2024.
When will the shares be allotted for Bharat Highways InvIT IPO?
Shares of Bharat Highways InvIT IPO will be allotted on March 6, 2024.
What is the listing date for Bharat Highways InvIT IPO?
The listing date for Bharat Highways InvIT IPO is March 12, 2024.
What is the price/ price range for Bharat Highways InvIT IPO?
The price/ price range for Bharat Highways InvIT IPO is ₹98 to ₹100.
What is the minimum lot size for the Bharat Highways InvIT IPO?
The minimum lot size for Bharat Highways InvIT IPO is 150 shares.
What is the minimum investment required for retail investors in the Bharat Highways InvIT IPO?
The minimum investment required for retail investors in the Bharat Highways InvIT IPO is ₹15,000.
What type of IPO is the Bharat Highways InvIT IPO?
The type of Bharat Highways InvIT IPO is Mainline.
What is the total issue size of the Bharat Highways InvIT IPO?
The total issue size of Bharat Highways InvIT IPO is ₹2,500 Crore.
How many shares are being offered in the Bharat Highways InvIT IPO?
Total 25,00,00,000 shares are being offered in the Bharat Highways InvIT IPO.
Who is the registrar for the Bharat Highways InvIT IPO?
The registrar for the Bharat Highways InvIT IPO is Kfin Technologies Limited.
Where can I check the IPO Allotment status for Bharat Highways InvIT IPO?
You can check the IPO Allotment status for Bharat Highways InvIT IPO at https://kosmic.kfintech.com/ipostatus/.
What is the email address and website of Bharat Highways InvIT IPO?
The email address of Bharat Highways InvIT IPO is cs@bharatinvit.com and website is https://www.bharatinvit.com/.
What is the Bharat Highways InvIT IPO GMP (Grey Market Premium) as of 07-03-2024?
The latest GMP for Bharat Highways InvIT IPO is ₹2 as of 07-03-2024.