
Anantam Highways Trust (InvIT)
October 7, 2025 – October 9, 2025
Price | ₹98 - ₹100 |
GMP Rumors * | ₹0 |
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Lot size | 150 |
Allotment | Oct 14, 2025 |
Listing | Oct 17, 2025 |
Anantam Highways Trust (InvIT) Lot(s) Distribution
Category | Lot(s) | Qty | Amount | Reserved |
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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 Size | 4,00,00,000 shares (aggregating up to ₹400.0 Cr) |
Fresh Issue | 4,00,00,000 shares (aggregating up to ₹400.0 Cr) |
Issue Type | Bookbuilding InvIT |
Listing At | BSE, NSE |
IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 75% of the Issue Size |
NII Shares Offered | Not less than 25% of the Issue Size |
Anantam Highways Trust Financial Information (Restated Consolidated) (In ₹Crore)
Period Ended | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
---|---|---|---|---|
Assets | 4,241.89 | 4,151.92 | 3,530.23 | 2,425.48 |
Total Income | 212.28 | 942.36 | 2,527.05 | 2,591.87 |
Profit After Tax | 67.86 | 410.62 | -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
33rd Floor, Sunshine Tower, Senapati Bapat Marg
Dadar West,
Mumbai, Maharashtra, 400013
Phone: +022 6145 8900
Email: anantam.cs@alt-alpha.com
Website: http://www.anantamhighways.com/
Anantam Highways Trust (InvIT) Registrar
Anantam Highways Trust (InvIT) Reviewers
Reviewer | Recommendation | File |
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