Bharat Highways Invit IPO GMP Price, Allotment Date, Price Range, Review Details

News: The Bharat Highways Infrastructure Investment Trust (InvIT) is making waves in the financial world with its upcoming Initial Public Offering (IPO). Let’s break down the key details for you.

What is an InvIT?

An InvIT is like a financial basket that holds a collection of infrastructure assets. These assets can include roads, bridges, and other critical infrastructure projects. Investors can buy units in the InvIT, which gives them a share in the income generated by these assets.

Bharat Highways InvIT IPO Details

1. Issue Period: The InvIT IPO will be open for subscription from February 28, 2024, to March 1, 2024.

2. Issue Size: The total issue size is Rs 2,500 crore, and it consists entirely of fresh shares.

3. Price Band: The price range for each share is set at ₹98 to ₹100.

4. Minimum Lot Size: To participate, you need a minimum of 150 shares.

5. Retail Investors: If you’re a retail investor, the minimum investment required is ₹15,000.

6. Listing Date: The InvIT units are expected to be listed on both the BSE and NSE on Wednesday, March 6, 2024.

Who Can Invest?

1. Retail Investors: Anyone can apply for the Bharat Highways InvIT IPO, and the minimum investment is affordable.

2. High Net Worth Individuals (HNIs): HNIs can invest in larger lots, starting from 67 lots (10,050 shares).

3. Institutional Investors: They can bid for up to 75% of the total offer size.

Why Consider Investing?

1. Infrastructure Growth: Bharat Highways InvIT focuses on roads and highways, which are crucial for India’s development.

2. Steady Income: InvITs generate income from tolls and other sources, providing stable returns.

3. Diversification: By investing in an InvIT, you diversify your portfolio beyond traditional stocks and bonds.

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About Bharat Highways :

Bharat Highways, an Indian infrastructure investment trust (InvIT), plays a crucial role in shaping the nation’s transportation landscape. In this article, we delve into the details of Bharat Highways, its purpose, and the impact it has on India’s development.

What is Bharat Highways?

Bharat Highways operates under the SEBI InvIT Regulations and focuses on acquiring and managing a diverse portfolio of infrastructure assets across the country. Let’s break down what this means:

1. Infrastructure Investment Trust (InvIT): An InvIT is a financial instrument that allows investors to participate in infrastructure projects. These projects can include highways, power plants, and other critical facilities. Bharat Highways functions as an InvIT, pooling resources from investors to fund infrastructure development.

2. Diverse Portfolio: Bharat Highways doesn’t put all its eggs in one basket. Instead, it invests in a variety of infrastructure assets. These can range from toll roads and bridges to transportation hubs and more.

3. SEBI Regulations: The Securities and Exchange Board of India (SEBI) oversees InvITs. Bharat Highways adheres to SEBI’s guidelines, ensuring transparency, accountability, and investor protection.

Key Features of Bharat Highways

1. Sponsor and Associate:

• The Sponsor of Bharat Highways is proficient in transportation engineering testing services. They operate a NABL-accredited laboratory, ensuring quality and safety.

• The Associate, NMHPL, excels in road construction. With over six years of experience, they ensure compliance with SEBI InvIT Regulations.

2. Initial Portfolio:

• Bharat Highways’ initial portfolio comprises seven road assets operating on a HAM (Hybrid Annuity Model) basis.

• These roads span across states like Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh.

• They are operated under NHAI (National Highways Authority of India) concession rights.

Financial Insights

1. Revenue Trends:

• From ₹21,539.65 million in 2021, the revenue declined to ₹15,094.87 million in 2023.

• Market conditions and other factors may have influenced this trend.

2. Equity Growth:

• Equity doubled from ₹5,273.35 million in 2021 to ₹11,172.50 million in 2023.

• This indicates investor confidence and capital infusion for expansion or debt reduction.

3. Profitability:

Profit after tax significantly improved, reaching ₹5,270.47 million in 2023 from ₹1,494.46 million in 2021.

The Bharat Highways InvIT IPO presents an exciting opportunity for investors. Whether you’re a small investor or a seasoned player, consider exploring this infrastructure-focused investment. Remember to consult with your financial advisor before making any investment decisions.

Frequently Asked Questions

What is the Bharat Highways Invit IPO price range? 

The price band for the Bharat Highways Invit IPO is set at ₹98 to ₹100 per share.

When is the allotment date for the Bharat Highways Invit IPO? 

The allotment for the Bharat Highways Invit IPO is expected to be finalized on Monday, March 4, 2024.

What is the GMP price of the Bharat Highways Invit IPO? 

The GMP price details of the Bharat Highways Invit IPO are yet to be announced.

Where can I find more details about the Bharat Highways Invit IPO? 

For more details about the Bharat Highways Invit IPO, you can visit the company’s official website or reach out to their customer service.

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