Anantam Highways Trust (InvIT)

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Anantam Highways Trust (InvIT)

October 7, 2025 – October 9, 2025

Price ₹98 - ₹100
GMP Rumors * ₹0
Lot size 150
Allotment Oct 14, 2025
Listing Oct 17, 2025


Anantam Highways Trust (InvIT) Lot(s) Distribution

Category Lot(s) Qty Amount Reserved

Anantam Highways Trust (InvIT) Reservation

Category Shares Offered %
QIB 30000000 75%
HNI 10000000 25%
Total 40000000 100%

Anantam Highways Trust (InvIT) About

IPO Details
Total Issue Size4,00,00,000 shares (aggregating up to ₹400.0 Cr)
Fresh Issue4,00,00,000 shares (aggregating up to ₹400.0 Cr)
Issue TypeBookbuilding InvIT
Listing AtBSE, NSE
IPO Reservation
Investor CategoryShares Offered
QIB Shares OfferedNot more than 75% of the Issue Size
NII Shares OfferedNot less than 25% of the Issue Size
Anantam Highways Trust Financial Information (Restated Consolidated) (In ₹Crore)
Period EndedJun-25Mar-25Mar-24Mar-23
Assets4,241.894,151.923,530.232,425.48
Total Income212.28942.362,527.052,591.87
Profit After Tax67.86410.62-160.05-178.48
 About Company

Anantam Highways Trust possesses several foundational strengths that position it as a significant player in the infrastructure investment landscape.

First, it benefits from a highly credible and diversified sponsor in Alpha Alternatives. As a multi-strategy asset management company with expertise across various asset classes, the sponsor brings substantial financial acumen and a robust institutional framework to the Trust's operations.

Second, the Trust has achieved critical scale at its inception with a diversified portfolio of seven operational highway projects. These assets span a considerable length of 271.65 km (1,086.60 lane km) across five Indian states and one union territory. This geographical diversification helps mitigate risks associated with any single region's economic or regulatory environment.

The specific projects—Dhrol Bhadra Highways (DBHL), Dodaballapur Hoskote Highways (DHHL), Repallewada Highways (RHL), Viluppuram Highways (VHL), Narenpur Purnea Highways (NPHL), Bangalore Malur Highways (BMHL), and Malur Bangarpet Highways (MBHL)—form a solid core of income-generating assets.

Finally, the Trust is established on a modern and transparent regulatory foundation. Its recent registration with SEBI as an InvIT ensures it operates under a strict governance and compliance framework, which is designed to protect investor interests and mandate regular disclosures. This structure makes it an attractive vehicle for institutional and public investment in infrastructure assets.

In essence, the combination of a strong sponsor, a scaled and diversified asset portfolio, and a SEBI-regulated structure forms the core of Anantam Highways Trust's business strengths.

Strength

Strong Industry Support: Road sector backed by high government investment and favorable policies, with budget doubling since FY2019.

Backing from Experienced Sponsor: Supported by Dilip Buildcon and expert managers with proven infrastructure and asset management experience.

Experienced Leadership: Led by skilled professionals with strong governance and execution capabilities.

Weakness

Limited Operating History: The Trust is newly established with no prior track record, making it difficult to predict future performance.

Dependency on Regulatory Approvals: Acquisition and refinancing of Project SPVs depend on approvals from NHAI and other authorities, which may delay operations.

Operational and Contractual Risks: Project SPVs may face penalties, claims, or losses during operations that may not be fully recovered from contractors or managers.

Anantam Highways Trust (InvIT) Lead Manager(s)

Anantam Highways Trust (InvIT) Address

Anantam Highways Trust
33rd Floor, Sunshine Tower, Senapati Bapat Marg
Dadar West,
Mumbai, Maharashtra, 400013
Phone: +022 6145 8900
Email: anantam.cs@alt-alpha.com
Websitehttp://www.anantamhighways.com/

Anantam Highways Trust (InvIT) Registrar

Kfin Technologies Limited
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.

Anantam Highways Trust (InvIT) Reviewers

Reviewer Recommendation File