
Anantam Highways Trust IPO: The initial public offering (IPO) of the Anantam Highways Trust (InvITs) concluded its final day of public bidding today, October 9, with the issue subscribed 5.62 times, as per provisional exchange data. The Trust aims to raise Rs 400 crore from the public offering.
The basis of allotment is likely to be finalised by October 14, followed by the credit of shares to the respective demat accounts of the successful bidders.
The IPO shares are expected to list on both stock exchanges (BSE and NSE) on October 17, 2025.
Overall, investors bid for 12.62 crore shares against their reserved portions. The total subscription includes bids from institutional investors and other investors subscribing 2.86 and 8.93 times, respectively.
The institutional investors bid for 3.50 crore shares, while the other investor categories bid for 9.11 crore shares against their allotted portions.
The Anantam Highways Trust IPO is a book-built issue of Rs 400 crore, comprising an entirely fresh issue of around 4 crore shares.
Being an entirely fresh issue of shares, the funds raised from the public offering will go directly to the trust. The trust plans to utilise the proceeds from the fresh issue for funding infrastructure projects, debt repayment and for general corporate purposes.
Price band: Rs 98 to Rs 100 per equity share
Lot size: 150 shares
Minimum investment: Rs 15,000 based on the upper end of the price band
Subscription date: October 7 to October 9, 2025
Allotment date: October 14, 2025 (tentative)
Listing date: October 17, 2025, on BSE and NSE (tentative)
Anantam Highways Trust is an Indian Infrastructure Investment Trust (InvIT) sponsored by Alpha Alternatives Fund Advisors LLP.
It was established on July 24, 2024, and got registered with SEBI on August 19, 2024.
The Trust focuses on investing in road infrastructure assets, and its portfolio includes seven operational highway projects (271.65 km) across five Indian states and one union territory.