₹ 15000 / 150 shares
IPO Details
Issue Date
28 Feb - 1 Mar'24
Investment/lot
₹ 15000
Price Range
98 - 100
Lot Size
150
IPO Size
₹ 2500.00 Cr
IPO Listing Details
Listing On
12 Mar'24
Issue Price
100
Listed Price
₹ 101
Retail Gain/Listing Gain
▲1.10%
IPO Timeline
Bharat Highways InvIT IPO Issue Details
Kotak Securities
•03m 01s
Bharat Highways Company Background
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.
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.
Bharat Highways Competitive Strengths
Sizeable portfolio of stable revenue-generating assets with no construction risk and long-term predictable cash flows
Geographically diversified road asset portfolio and revenue base
Growth opportunities and rights to expand the portfolio of assets
Risk Factors
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The InvIT is a newly settled trust and does not have an established operating history.
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Consummation of the Formation Transactions pursuant to which the company will acquire the Project SPVs is subject to certain conditions.
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Failure to identify and acquire new infrastructure assets that generate comparable revenue, profits or cash flows may have an adverse effect on the business.
Key Strategies
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Institute and maintain capital management policies.
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Active asset management.
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Expand the portfolio of road assets.
Bharat Highways Key Financials
Here are the key financials for Bharat Highways Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•04m 01s
How to apply for an IPO using UPI
Kotak Securities
•01m 19s
How to apply for an IPO using UPI
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
How To Apply for Bharat Highways InvIT IPO?
Here are the steps to apply for Bharat Highways InvIT IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Top Bharat Highways IPO IPO FAQs
When is Bharat Highways IPO listing date?
Bharat Highways IPO will list on 2024-03-12.
What is the issue size of Bharat Highways IPO?
2500.00 is the issue size of Bharat Highways IPO.
What is the minimum lot size required for Bharat Highways IPO?
The minimum lot size is 150 shares and the investment required is ₹15000.
What is the price band of the Bharat Highways IPO?
The price band of Bharat Highways IPO is ₹98 to ₹100.
