Bookbuilding InvIT | ₹400 Cr | Listed at BSE, NSE | Tue, Oct 7, 2025 - Thu, Oct 9, 2025

Anantam Highways InvIT IPO is a book build issue of ₹400.00 crores. The issue is entirely a fresh issue of 4.00 crore shares of ₹400.00 crore.
Anantam Highways InvIT IPO bidding started from Oct 7, 2025 and ended on Oct 9, 2025. The allotment for Anantam Highways InvIT IPO was finalized on Oct 14, 2025. The shares got listed on BSE, NSE on Oct 16, 2025.
Anantam Highways InvIT IPO price band is set at ₹100 per share.
Nuvama Wealth Management Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Anantam Highways InvIT IPO RHP for detailed Information.
IPO Open
Tue, Oct 7, 2025
IPO Close
Thu, Oct 9, 2025
Final Issue Price
₹100.00 per share
Market Cap (Pre-IPO)
₹2,175.00 Cr
| IPO Date | 7 to 9 Oct, 2025 |
| Listed on | Thu, Oct 16, 2025 |
| Price Band | ₹98.00 to ₹100.00 |
| Final Issue Price | ₹100.00 per share |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding InvIT |
| Listing At | BSE, NSE |
| Total Issue Size | 4,00,00,000 shares (agg. up to ₹400 Cr) |
| Fresh Issue | 4,00,00,000 shares (agg. up to ₹400 Cr) |
| Share Holding Pre Issue | 17,75,00,000 shares |
| Share Holding Post Issue | 21,75,00,000 shares |
| BSE Script Code / NSE Symbol | 544579 / ANANTAM |
| ISIN | INE1UA823019 |
| 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 InvIT IPO raises ₹180.00 crore from anchor investors. Anantam Highways InvIT IPO Anchor bid date is October 6, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Oct 6, 2025 |
| Shares Offered | 1,79,99,850 |
| Anchor Portion (₹ Cr.) | 180.00 |
| Anchor lock-in period end date | Thu, Nov 13, 2025 |
Anantam Highways Trust is an Indian infrastructure investment trust (InvIT) focused on investing in road infrastructure. It was set up by Alpha Alternatives Fund Advisors LLP ("the Sponsor") on July 24, 2024, and registered with SEBI as an InvIT on August 19, 2024.
The Sponsor is a multi-strategy asset management company that invests across different asset classes such as infrastructure, credit, real estate, equities, commodities, and fixed income. It is a subsidiary of Alpha Alternatives Holdings Private Limited.
The Trust’s portfolio includes seven highway projects, covering a total length of 271.65 km (1,086.60 lane km) across five Indian states and one union territory. Its project portfolio includes 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).
Business Strengths
Anantam Highways Trust's revenue decreased by 63% and profit after tax (PAT) rose by 357% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| 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 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Providing loans to the Project SPVs for repayment or pre-payment of debt, in part of in full, including any accrued interest, of their respective outstanding borrowings | 376.00 |
| 2 | General purposes | 10.14 |
The Anantam Highways InvIT IPO is subscribed 5.62 times on October 9, 2025 2:58:00 PM (Day 3). The public issue subscribed [.] times in the retail category, 2.86 times in the QIB category, and 8.93 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 2.86 | 1,22,44,950 | 3,50,79,900 |
| NII | 8.93 | 1,02,04,050 | 9,11,30,100 |
| Total | 5.62 | 2,24,49,000 | 12,62,10,000 |
Investors can bid for a minimum lot of 150 units or in multiples thereof.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM | 5.90 |
| 2 | Fees payable to Registrar to the Issue | 0.08 |
| 3 | Commission/processing fee for SCSBs, Sponsor Bank (for Bids made using UPI) and Bankers to the Issue, brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.27 |
| 4 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees, other regulatory expenses | 1.14 |
| 5 | Printing and stationery expenses | 0.14 |
| 6 | Advertising and marketing expenses for the Issue | 0.14 |
| 7 | Fees for the legal counsels appointed for the purpose of the Issue | 4.70 |
| 8 | Fees for the Statutory Auditor appointed for the purpose of the Issue | 0.27 |
| 9 | Miscellaneous | 1.23 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹105.00 |
| Low | ₹105.00 |
| High | ₹108.23 |
| Last Trade | ₹106.25 |
Lead Manager Reports
Anantam Highways InvIT IPO is a main-board InvIT of 4,00,00,000 equity shares of the face value of ₹[.] aggregating up to ₹400 Crores. The issue is priced at ₹100.00 per share. The minimum order quantity is .
The InvIT opens on Tue, Oct 7, 2025, and closes on Thu, Oct 9, 2025.
Kfin Technologies Ltd. is the registrar for the InvIT. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Anantam Highways InvIT IPO using UPI as a payment gateway. Zerodha customers can apply in Anantam Highways InvIT IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Anantam Highways InvIT IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Anantam Highways InvIT IPO opens on Tue, Oct 7, 2025 and closes on Thu, Oct 9, 2025.
Anantam Highways InvIT IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Anantam Highways InvIT IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Anantam Highways InvIT IPO will be done on Tuesday, October 14, 2025, and the allotted shares will be credited to your demat account by Thu, Oct 16, 2025. Check the Anantam Highways InvIT IPO allotment status.
The Anantam Highways InvIT IPO listing date is on Fri, Oct 17, 2025.