Trending:
Bharat Highways InvIT IPO GMP: Last Day To Apply! Check Subscription Status, Allotment Date And Other Details
Bharat Highways InvIT IPO GMP: The initial public offering (IPO) of Bharat Highways InvIT is opened for subscription on February 27, 2024, and closes on February 29, 2024, i.e. today is the last day to apply. Check the latest GMP, subscription date and other details.
Bharat Highways InvIT IPO GMP: Last Day To Apply! Check Subscription Status, Allotment Date And Other Details (image sources: Canva)
Bharat Highways InvIT IPO GMP: The initial public offering (IPO) of Bharat Highways InvIT is opened for subscription on February 27, 2024, and closes on February 29, 2024 i.e. today is the last day to apply for the Bharat Highways InvIT IPO. The IPO is a book-built issue of Rs 2,500.00 crores. The issue is entirely a fresh issue of 25 crore shares.
Bharat Highways InvIT IPO Subscription Status
Bharat Highways InvIT IPO was subscribed 1.59 times overall as of the time of reporting at 12:13 PM on March 1.Bharat Highways InvIT IPO GMP Today: Check Latest GMP
According to various unlisted market tracing websites. The grey market price (GMP) of the Bharat Highways InvIT is unavailable or trading at a flat price.Bharat Highways InvIT IPO Price Band
Bharat Highways InvIT IPO price band is set at Rs 98 to Rs 100 per share.Bharat Highways InvIT IPO Lot Size And Minimum Investment
The minimum lot size for the Bharat Highways InvIT IPO application is 150 shares, and retail investors need a minimum investment of Rs 15,000. For sNII, the minimum lot size investment is 14 lots (2,100 shares), totalling Rs 210,000, while for bNII, it is 67 lots (10,050 shares), amounting to Rs 1,005,000.Bharat Highways InvIT IPO Allotment Date
The allotment for Bharat Highways InvIT is anticipated to be finalized on Monday, March 4, 2024.Bharat Highways InvIT IPO Listing Date
Bharat Highways InvIT is scheduled to be listed on BSE and NSE, with the tentative listing date set for Wednesday, March 6, 2024.Bharat Highways InvIT IPO Book Running Lead Manager And Registrar
ICICI Securities Limited, Axis Bank Limited, HDFC Bank Limited, and IIFL Securities Ltd have been designated as the book-running lead managers for the Bharat Highways InvIT, with KFin Technologies Limited serving as the registrar for the issue.About Bharat Highways InvIT
Bharat Highways Infrastructure Investment is an infrastructure investment trust designed to acquire, manage, and invest in a portfolio of infrastructure assets in India, operating under SEBI InvIT Regulations. The trust's portfolio comprises seven roads, operated on a HAM basis in various states. These roads operate under concession rights granted by NHAI and are owned by Project SPVs, currently wholly owned by GRIL. InvIT holds a right of first refusal over other assets owned by GRIL, as per the ROFO agreement. The trust has received provisional ratings, including CRISIL AAA/Stable (Reaffirmed), CARE AAA, Stable from CARE Ratings Limited, and IND AAA/Stable from India Ratings and Research.Trending:
Manthati Sai Kiran author
Multimedia journalist, a recent graduate from the Indian Institute Of Mass Communication. Writes on business, politics and policies. currently working...View More
End of Article
Subscribe to our daily Newsletter!
Related News
India-EU Trade Agreement: Piyush Goyal Warns Of 'Festering Issues' While Advocating For Fast-Tracked FTA
JioFinance App Launched on Both Android And iOS: Check New Features
Payment Systems: RBI Asks Banks To Ensure Easier Accessibility To Persons With Disabilities
India's High Food Inflation Leaves Less in Lunch Boxes of Poor School Children
Massive Layoffs At TikTok: Over 700 Jobs At Risk As AI Takes Centre Stage