Bharat Highways InvIT IPO Date, Review, Price, Allotment Details

Bharat Highways InvIT IPO Details: Bharat Highways InvIT IPO date is fixed, the IPO is to hit the market on February 28 and will close on March 1. Bharat Highways InvIT IPO to raise around ₹2500 crores via IPO that comprises fresh issue of 2500 crores and offer for sale up to 250,000,000 equity shares of ₹10 each. The retail quota is [.]%, QIB is 75%, and HNI is 25%.
Bharat Highways InvIT IPO

Table of Contents

Bharat Highways InvIT is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India and to carry on the activities of an infrastructure investment trust, as permissible under the SEBI InvIT Regulations. They were settled by way of the Original Trust Deed, by GRIL (the Settlor), and registered as an infrastructure investment trust with SEBI on August 3, 2022, under the SEBI InvIT Regulations.


The Sponsor is engaged in testing services in the field of transportation engineering and has expertise in NSV survey, FWD survey, pavement design of roads and airports, physical and chemical testing of soil, lime, cement, road roughness testing, concrete and bituminous mix design of road projects. The Sponsor has set up a laboratory at its registered address which is accredited by the National Accreditation Board for Testing and Calibration Laboratories for the discipline of chemical, mechanical, and non-destructive testing. NMHPL, the Associate of the Sponsor is a road engineering, procurement, and construction company, with experience in the design and construction of various road/highway projects. NMHPL has over six years of experience in the execution of infrastructure projects since 2017.


Objects of the Issue

  • Providing loans to the Project SPVs for repayment/ pre-payment, in part or in full, of their respective outstanding loans (including any accrued interest and prepayment penalty).
  • General purposes.

Bharat Highways InvIT IPO Review (Apply or Not)

  • May Apply
  • Bharat Highways InvIT IPO Date & Price Band Details
IPO Open:February 28, 2024
IPO Close:March 1, 2024
IPO Size:Approx ₹2500 Crores
Fresh Issue:Approx ₹2500 Crores
Offer for Sale:Approx 250,000,000 Equity shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹98 to ₹100 Per Share
IPO Listing on:BSE & NSE
QIB Quota:75%
NII Quota:25%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Bharat Highways InvIT IPO Market Lot

The Bharat Highways InvIT IPO minimum market lot is 150 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 1950 shares or ₹195,000 amount.

ApplicationLot SizeSharesAmount
Retail Minimum1150₹15,000
Retail Maximum131950₹195,000
S-HNI Minimum142100₹210,000
B-HNI Minimum6710050₹1,005,000

Bharat Highways InvIT IPO Allotment & Listing Dates

The Bharat Highways InvIT IPO date is February 28 and the close date is March 1. The Bharat Highways InvIT IPO allotment will be finalized on March 4 and the IPO listing on March 6.

Anchor Investors Allotment:February 27, 2024
IPO Open Date:February 28, 2024
IPO Close Date:March 1, 2024
Basis of Allotment:March 4, 2024
Refunds:March 5, 2024
Credit to Demat Account:March 5, 2024
IPO Listing Date:March 6, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Bharat Highways InvIT IPO Form

How to apply for the Bharat Highways InvIT IPO? You can apply for Bharat Highways InvIT IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bharat Highways InvIT IPO in the Invest section. The other option is you can apply for Bharat Highways InvIT IPO via IPO forms downloaded via NSE and BSE. Check out the Bharat Highways InvIT forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Bharat Highways InvIT Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹2170.4₹1936.1₹149.45
2022₹1600.2₹1515.9₹62.87
2023₹1537.5₹816.5₹527.94
Sep 2023₹388.54₹252.97₹101.35

Peer Group

  • IRB InvIT Fund

Company Promoters

  • NA

Bharat Highways InvIT IPO Registrar

KFin Technologies Limited
Tel: +91 40 6716 2222 / 1800 3094001
E-mail: [email protected]
Website: www.kfintech.com

Bharat Highways InvIT IPO Allotment Status Check

Check Bharat Highways InvIT IPO allotment status on KFIN TECHNOLOGIES website allotment URL. Click Here

Bharat Highways InvIT IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • Axis Bank Limited
  • Hdfc Bank Limited
  • Iifl Securities Ltd

Company Address

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

What is Bharat Highways InvIT IPO?

Bharat Highways InvIT IPO is a main-board IPO. They are going to raise ₹2500 Crores via IPO. The issue is priced at ₹98 to ₹100 pr equity share. The IPO is to be listed on BSE & NSE.

When Bharat Highways InvIT IPO will open?

The IPO is to open on February 28, 2024 for QIB, NII, and Retail Investors.

What is Bharat Highways InvIT IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 25%.

How to Apply the Bharat Highways InvIT IPO?

You can apply for Bharat Highways InvIT IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Bharat Highways InvIT IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bharat Highways InvIT”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Bharat Highways InvIT IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bharat Highways InvIT”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Bharat Highways InvIT IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bharat Highways InvIT”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Bharat Highways InvIT IPO Size?

Bharat Highways InvIT IPO size is ₹2500 crores.

What is Bharat Highways InvIT IPO Price Band?

Bharat Highways InvIT IPO Price Band is ₹98 to ₹100.

What is Bharat Highways InvIT IPO Minimum and Maximum Lot Size?

The minimum bid is 13 Shares with ₹15,000 amount while the maximum bid is 1950 shares with ₹195,000.

What is the Bharat Highways InvIT IPO Allotment Date?

Bharat Highways InvIT IPO allotment date is March 4, 2024.

What is the Bharat Highways InvIT IPO Listing Date?

Bharat Highways InvIT IPO listing date is March 6, 2024. The IPO is to list on BSE and NSE.

Note: The Bharat Highways InvIT IPO price band and date are not officially announced yet. The IPO grey market premium (Bharat Highways InvIT IPO Premium) will be added to the IPO grey market page as it will start).

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