Bharat Highways InvIT is a trust focused on investing in infrastructure projects in India following the regulations set by SEBI. The trust was established through a Deed, by GRIL, the Settlor, officially registered with SEBI.
Bharat Highways InvIT specializes in providing testing services, for transportation engineering including NSV surveys, FWD surveys, pavement design for roads and airports, and conducting chemical tests on soil, lime, cement, and other materials. The Sponsor runs a laboratory that is accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) focusing on chemical, nondestructive testing. An affiliate of the Sponsor, NMHPL is a company involved in road engineering, procurement, and construction with expertise, in infrastructure projects. In road/highway development. Since 2017.
Bharat Highways InvIT has a history of conducting chemical tests allowing them to identify the right material blends, for bituminous and concrete road constructions. Moreover, their expertise in evaluating road conditions and durability equips them to suggest upkeep plans, for road initiatives.
The starting investment package consists of seven road projects all functioning under a Hybrid Annuity Model (HAM) situated in Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. These highways are Serviced through concession rights provided by the National Highways Authority of India (NHAI). Are currently possessed and operated by the Project Special Purpose Vehicles (SPVs) entirely owned by GRIL.
Bharat Highways InvIT IPO Complete Details:
Bharat Highways InvIT IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Bharat Highways InvIT is Around 00 Rs.
Objects Of Issue:
a) Offering loans to the Project SPVs for either partial or complete repayment, including any accrued interest and prepayment penalties, of their existing loans.
b) For general purposes.
FAQs:
When Bharat Highways InvIT IPO is Opening?
Bharat Highways InvIT IPO is Opening on 28 February 2024.
When is the Bharat Highways InvIT IPO Closing?
Bharat Highways InvIT IPO is Closing on 01 March 2024.
What is the Issue Size of the Bharat Highways InvIT IPO?
The IPO Issue Size of Bharat Highways InvIT is 2,500 Crore.
Price Band of Bharat Highways InvIT IPO?
The price Band of Bharat Highways InvIT IPO is 98 to 100 rupees per share.
What is the minimum investment for a Bharat Highways InvIT IPO?
The minimum investment for the Bharat Highways InvIT IPO is 15,000 Rupees.
Allotment Date of Bharat Highways InvIT IPO?
The Allotment of Bharat Highways InvIT IPO is on 04 March 2024.
Listing Date of Bharat Highways InvIT IPO?
The Listing Of Bharat Highways InvIT is Scheduled on 06 March 2024.
One Should Apply for Bharat Highways InvIT IPO or Not?
Will Update Soon..
How to apply for Bharat Highways InvIT IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Bharat Highways InvIT IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Bharat Highways InvIT IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Bharat Highways InvIT IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Bharat Highways InvIT IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Bharat Highways InvIT IPO from the list ——–> Click on Bharat Highways InvIT IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Bharat Highways InvIT?
ICICI Securities Limited, Axis Bank Limited, HDFC Bank Limited, and IIFL Securities Limited are the Lead Managers of Bharat Highways InvIT.
Where To Check the Allotment of Bharat Highways InvIT IPO?
The allotment status for the Bharat Highways InvIT IPO will be accessible on the Kfin Technologies Limited website.
Bharat Highways InvIT IPO is going to be listed at?
Bharat Highways InvIT IPO is going to be listed at NSE & BSE.
What is the Lot Size of the Bharat Highways InvIT IPO?
The lot size of the Bharat Highways InvIT IPO is 150 Shares.
