Bharat Highways Infrastructure Investment Trust InvIT

Price
₹98 - ₹100
Lot
150
Subs.
6.74
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 28-Feb-2024
Close Date: 01-Mar-2024
Allotment Date: 04-Mar-2024
Listing Date: 06-Mar-2024
Listing Price: N/A
Face Value: N/A
Issue Price: ₹98-100 Per Equity Share
Issue Size: Total Issue Size 250,000,000 shares (aggregating up to ₹2,500.00 Cr) : Fresh Issue 250,000,000 shares (aggregating up to ₹2,500.00 Cr)
Market Lot (Min Amount): Retail - ₹15,000 : S-HNI - ₹210,000 : B-HNI - ₹1,005,000
Subscription Details Updated at End of the Day

As on

QIB

Nll / Rll

Others

Total

Shares Offered/Reserved56,188,800046,824,000103,012,800
Day 1 - 28-02-24 
05:00 PM
0.00-0.820.37
Day 2 - 29-02-24 
05:00 PM
0.00-2.241.02
Day 3 - 01-03-24 
05:00 PM
6.59-6.936.74
Total No. of Application:217,709 (Approx.)
Retail Subscription on the basis of Apps:217,709.00x
Valuations

Earning Per Share(EPS)₹N/A/-
P/E RatioN/A
RoNWN/A%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,20235,916.80388.54101.35
31 Mar,20236,056.281,537.47527.05
31 Mar,20225,536.401,600.1862.87
31 Mar,20214,943.952,170.39149.45
Promoter(s)

Pre Issue Share HoldingN/A%
Post Issue Share HoldingN/A%
Company Promoter(s)
 
 
 
 
Issue Objective(s)

The Net Proceeds will be utilized by the InvIT towards the following objects:
  1. 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); and
  2. General purposes.
About Company

Bharat Highways Infrastructure Investment is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India. The Trust is authorized to carry on the activities of an infrastructure investment trust under the SEBI InvIT Regulations.

The Company's portfolio consists of seven roads, all of which are operated on a HAM basis in Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. These roads are operated and maintained based on concession rights granted by the NHAI and are owned and operated by the Project SPVs, which are currently wholly owned by GRIL.

InvIT has also entered into a ROFO agreement with GRIL under which GRIL has granted InvIT a right of first refusal over certain other assets owned and being developed by GRIL.

The Trust has been assigned a provisional rating of CRISIL AAA/Stable (Reaffirmed) from Crisil Ratings Limited, a provisional rating of CARE AAA, Stable from CARE Ratings Limite and a provisional rating of IND AAA/Stable from India Ratings and Research.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.