The Bharat Highways InvIT IPO kicked off on February 28 with promising subscription figures, indicating investor interest in this infrastructure investment trust. Let’s delve into the subscription status, grey market premium (GMP), and other important details of the Bharat Highways InvIT IPO.

Bharat Highways InvIT IPO Subscription Status

On the first day of its offering, the Bharat Highways InvIT IPO witnessed a subscription of over 0.37 times. This means that the issue received bids for 3,83,46,450 units against the offered 10,30,12,800 units. The subscription figures highlight the initial enthusiasm among investors for this infrastructure investment opportunity.

Bharat Highways InvIT IPO GMP Today

The grey market premium (GMP) for the InvIT IPO reflects the demand and sentiment among investors outside of the formal stock exchanges. As of today, the GMP for the IPO is  ₹100. This premium indicates the perceived value of the IPO shares in the secondary market and can influence investor decisions.

Bharat Highways InvIT IPO Details

The InvIT IPO offers investors an opportunity to participate in India’s infrastructure growth story. The InvIT is sponsored by Bharat Road Network Limited (BRNL), one of India’s leading road developers. The IPO comprises a fresh issue of units worth ₹2,500 crores and an offer for the sale of units by existing unitholders.

Investors participating in the InvIT IPO can expect attractive returns through dividends and capital appreciation, driven by revenue-generating assets in the road sector. The trust aims to provide stable and predictable cash flows, making it an appealing investment option for those seeking long-term income streams.

In Conclusion

The strong subscription figures on the first day of the Bharat Highways InvIT IPO underscore the confidence of investors in India’s infrastructure sector. With its promising subscription status and potential upside indicated by the GMP, the IPO presents an opportunity for investors to diversify their portfolios and benefit from the country’s infrastructure development initiatives.

As the IPO progresses, investors are advised to conduct thorough research and seek guidance from financial advisors before making investment decisions. Stay tuned for further updates on the InvIT IPO and its performance in the market.

FAQ

1. Is Bharat Highways InvIT a government company?
   • No, Bharat Highways InvIT is not a government company. It is an infrastructure investment trust (InvIT) sponsored by Bharat Road Network Limited (BRNL), a private sector entity involved in road development projects in India.
2. How do I apply for the Bharat Highways InvIT IPO?
   • Investors can apply for the Bharat Highways InvIT IPO through the online platform of their respective brokers or through the websites of registered depositories. They need to have a demat account to apply for the IPO. The IPO application process typically involves selecting the desired number of units and bidding at the price determined by the issuer.
3. How do I invest in private InvIT?
   • To invest in private InvITs, investors can participate in their initial public offerings (IPOs) or buy units from the secondary market once they are listed on stock exchanges. Additionally, investors can explore opportunities offered by private equity funds or institutional investors that specialize in infrastructure investments.
4. How many InvITs are in India?
   • As of the current count, there are several InvITs operating in India across various sectors, such as roads, power, and real estate. While the exact number may vary over time due to new listings and changes in the market, InvITs have gained popularity as an investment vehicle for infrastructure projects in the country.