Bharat Highways InvIT InvIT Subscription Details

Bookbuilding InvIT | ₹2,500 Cr | Listed at BSE, NSE | Wed, Feb 28, 2024 - Fri, Mar 1, 2024

Basis of Allotment - Bharat Highways InvIT InvIT

Category QIB NII Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,50,65,0008,25,97,35013,76,62,3504,58,87,55024,99,99,900
Allotment price (Rs.)100100100100100
No.of applications6237992,28,2672,28,367
No.of shares applied50,05,52,8508,25,97,35058,31,50,20028,39,68,45093,35,68,650
Amount collected (Rs.cr.)5,005.53 825.97 5,831.50 2,839.68 9,335.69
No.of times subscribed9.091.004.246.193.73
No.of shares allotted5,50,65,0008,25,97,35013,76,62,3504,58,87,55024,99,99,900
Amount (Rs.cr.)550.65 825.97 1,376.62 458.88 2,500.00
No.of allottees62379950,75250,852

InvIT Shares Offered

Bharat Highways InvIT InvIT is a public issue of 25.00 Cr equity shares. The issue offers 0.00 Cr shares to retail investors, 13.77 Cr shares to qualified institutional buyers, and 4.59 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 13,76,62,3501,376.62 55.06%
    Anchor 8,25,97,350 825.97 33.04%
    QIB (Ex Anchor) 5,50,65,000 550.65 22.03%
NII 4,58,87,550458.88 18.36%
Total24,99,99,9002,500.00 100%

Bharat Highways InvIT InvIT Anchor Investor Allocation

A total of 8,25,97,350 shares at a price of Rs 100 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 27, 2024
Anchor investor price₹100.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days4,12,98,675
No. of shares locked-in for 90 days4,12,98,675
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ICICI PRUDENTIAL CREDIT RISK FUND ICICI PRUDENTIAL MUTUAL FUND 50,00,250 50.00 6.05 2.00
2 ICICI PRUDENTIAL BALANCED ADVANTAGE FUND ICICI PRUDENTIAL MUTUAL FUND 39,99,900 40.00 4.84 1.60
3 ICICI PRUDENTIAL EQUITY & DEBT FUND ICICI PRUDENTIAL MUTUAL FUND 30,00,000 30.00 3.63 1.20
4 HDFC CREDIT RISK DEBT FUND HDFC MUTUAL FUND 84,00,000 84.00 10.17 3.36
5 HDFC DYNAMIC DEBT FUND HDFC MUTUAL FUND 10,50,000 10.50 1.27 0.42
6 HDFC DIVIDEND YIELD FUND HDFC MUTUAL FUND 10,50,000 10.50 1.27 0.42
7 KOTAK EQUITY SAVINGS FUND KOTAK MAHINDRA MUTUAL FUND 45,00,000 45.00 5.45 1.80
8 KOTAK DYNAMIC BOND FUND KOTAK MAHINDRA MUTUAL FUND 15,00,000 15.00 1.82 0.60
9 KOTAK MEDIUM TERM FUND KOTAK MAHINDRA MUTUAL FUND 15,00,000 15.00 1.82 0.60
10 KOTAK CREDIT RISK FUND KOTAK MAHINDRA MUTUAL FUND 15,00,000 15.00 1.82 0.60
11 QUANT MULTI ASSET ALLOCATION FUND QUANT MUTUAL FUND 79,99,950 80.00 9.69 3.20
12 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 49,99,950 50.00 6.05 2.00
13 NIPPON INDIA BALANCED ADVANTAGE FUND NIPPON INDIA MUTUAL FUND 30,00,000 30.00 3.63 1.20
14 NIPPON INDIA AGGRESSIVE HYBRID FUND NIPPON INDIA MUTUAL FUND 15,00,000 15.00 1.82 0.60
15 AXIS BALANCED ADVANTAGE FUND AXIS MUTUAL FUND 20,00,100 20.00 2.42 0.80
16 AXIS AGGRESSIVE HYBRID FUND AXIS MUTUAL FUND 19,99,950 20.00 2.42 0.80
17 ADITYA BIRLA SUN LIFE BALANCED ADVANTAGE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 11,66,700 11.67 1.41 0.47
18 ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 10,00,050 10.00 1.21 0.40
19 ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 8,33,400 8.33 1.01 0.33
20 ADITYA BIRLA SUN LIFE CREDIT RISK FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,33,300 3.33 0.40 0.13
21 ADITYA BIRLA SUN LIFE MEDIUM TERM PLAN ADITYA BIRLA SUN LIFE MUTUAL FUND 3,33,300 3.33 0.40 0.13
22 ADITYA BIRLA SUN LIFE EQUITY SAVINGS FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,33,300 3.33 0.40 0.13
23 UTI DIVIDEND YIELD FUND UTI MUTUAL FUND 22,72,800 22.73 2.75 0.91
24 UTI AGGRESSIVE HYBRID FUND UTI MUTUAL FUND 13,63,650 13.64 1.65 0.55
25 UTI CREDIT RISK FUND UTI MUTUAL FUND 3,63,600 3.64 0.44 0.15
26 MAX LIFE INSURANCE CO.LTD.-PARTICIPATING FUND MAX LIFE INSURANCE 40,00,050 40.00 4.84 1.60
27 ALPHA ALTERNATIVES MSAR LLP ALPHA ALTERNATIVES 34,99,950 35.00 4.24 1.40
28 BARODA BNP PARIBAS BALANCED ADVANTAGE FUND BARODA BNP PARIBAS MUTUAL FUND 30,00,000 30.00 3.63 1.20
29 RELIANCE GENERAL INSURANCE CO.LTD. RELIANCE GENERAL INSURANCE 25,00,050 25.00 3.03 1.00
30 CIM INVESTMENT FUND ICAV CIM 15,96,750 15.97 1.93 0.64
31 DSP EQUITY SAVINGS FUND DSP MUTUAL FUND 10,00,050 10.00 1.21 0.40
32 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 10,00,050 10.00 1.21 0.40
33 KOTAK OPTIMUS MODERATE SCHEME KOTAK 10,00,050 10.00 1.21 0.40
34 DSP INVESTMENT PVT.LTD. DSP INVESTMENT 10,00,050 10.00 1.21 0.40
35 SOCIETE GENERALE-ODI SOCIETE GENERAL 10,00,050 10.00 1.21 0.40
36 BNP PARIBAS FINANCIAL MARKETS BNP PARIBAS 10,00,050 10.00 1.21 0.40
37 BAJAJ FINSERV BALANCED ADVANTAGE FUND BAJAJ FINSERV MUTUAL FUND 10,00,050 10.00 1.21 0.40
8,25,97,350825.9710033.04

InvIT Subscription FAQs

The Bharat Highways InvIT InvIT is subscribed 6.74 times by Mar 01, 2024 18:21.

Bharat Highways InvIT InvIT Subscription

Investor Category Subscription (times)
Qualified Institutional6.59
Others6.93
Total Subscription6.74

Retail category of Bharat Highways InvIT InvIT subscribed times as of date Mar 01, 2024 18:21. The public issue closes on Fri, Mar 1, 2024 for bidding.

An investor can apply in Bharat Highways InvIT InvIT online via bank (using ASBA) or the broker (using UPI). The Bharat Highways InvIT InvIT shares are offered online only.

The Bharat Highways InvIT InvIT is subscribed 6.74 times by Mar 01, 2024 18:21.

The Bharat Highways InvIT InvIT allotment status is expected on or around Wednesday, March 6, 2024. Visit Bharat Highways InvIT InvIT allotment status to check.

The Bharat Highways InvIT InvIT listing date is March 12, 2024. The equity share of Bharat Highways InvIT InvIT will list on BSE, NSE.

Visit Bharat Highways InvIT InvIT subscription status page for real-time bidding information about Bharat Highways InvIT InvIT.

Bharat Highways InvIT InvIT Timetable

IPO opens OnWednesday, February 28, 2024
IPO Closes OnFriday, March 1, 2024
Finalisation of Basis of AllotmentWednesday, March 6, 2024
Initiation of RefundsThursday, March 7, 2024
Credit of Shares to Demat AccountThursday, March 7, 2024
IPO Listing DateTuesday, March 12, 2024
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