Bharat Highways InvIT IPO: From price band to GMP, here are 10 things to know before subscribing to issue

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₹2,500 crores from the upcoming IPO, which will close on March 1. 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 permitted under the SEBI InvIT Regulations. Also read: Bharat Highways Invit IPO: Check date, size and key other details The InvIT’s initial portfolio consists of seven road assets, all operating on a HAM basis, in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh, consisting of approximately 497.292 km of constructed and operational roads, as per the company's RHP report.

Bharat Highways Infrastructure Investment Trust's revenue decreased by 3.92 percent and profit after tax (PAT) rose by 738.34 percent between the financial year ending with March 31, 2023. The net proceeds are proposed to be utilised towards 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 for general purposes. Also read: Bharat Highways Invit IPO: Price band set at ₹98-100 per share; issue details here 1] Bharat Highways InvIT IPO date: The IPO of infra investment company opens for subscription on February 28, 2024 and closes on March 1, 2024.

2] Bharat Highways InvIT IPO price band: The price band of the upcoming IPO has been set at ₹98 to ₹100 per share. 3] Bharat Highways InvIT IPO size: The IPO is a book built issue of ₹2,500 crores. The issue is entirely a fresh issue of 25 crore shares.