OUR BUSINESS
Bharat Highways InvIT is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India. The company engaged in testing services in the field of transportation engineering and has expertise in NSV survey, FWD survey, pavement design of roads and airports, physical and chemical testing of soil, lime, cement, road roughness testing, concrete and bituminous mix design of road projects.
The Sponsor has set up a laboratory at its registered address which is accredited by the National Accreditation Board for Testing and Calibration Laboratories for the discipline of chemical, mechanical, and non-destructive testing. NMHPL, the Associate of the Sponsor is a road engineering, procurement, and construction company, with experience in the design and construction of various road/highway projects.
NMHPL has over six years of experience in the execution of infrastructure projects since 2017. The Sponsor has an established track record of physical and chemical testing of soil and other material (cement testing, fly ash, bitumen emulsion, aggregate testing) at its laboratory accredited by NABL, which enables it to determine the appropriate material mix for the development of bituminous and concrete road projects. Further, its capability to assess the roughness and balance life of road projects allows it to determine the appropriate maintenance activity to be undertaken on the road projects.

144 Our initial portfolio assets consist of seven road assets, all operating on a HAM basis, in the states of Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. These roads are operated and maintained under concession rights granted by the NHAI and are owned and operated by the Project SPVs, which are currently wholly owned by GRIL. For more information about the InvIT Assets, see
QUALITATIVE FACTORS
- Sizeable portfolio of stable revenue-generating assets with no construction risk and long-term predictable cash flows.
- Â Geographically diversified road asset portfolio and revenue base.
- Â Consistent track record in operating and maintaining projects in the roads sector in India.
- Â Attractive industry sector with strong underlying fundamentals and favorable government policies.
- Â Growth opportunities and rights to expand the portfolio of assets.
- Â Skilled and experienced management team with industry experience with a focus on corporate governance
OBJECTS OF THE ISSUE
- Providing loans to the Project SPVs for repayment/ pre-payment, in part or in full, of their respective outstanding loans (including any accrued interest and prepayment penalty).
- General purposes.
Bharat Highways InvIT IPO SUBSCRIPTION STATUS TODAY
DATE QIB NII RII TOTAL
DAY 1
DAY 2
DAY 3
DAY 4
Bharat Highways InvIT IPO DATE & PRICE BAND DETAILS
IPO Open Date 28 February 2024
IPO Close Date 1 March 2024
IPO Size Approx ₹2500 Crores
Face Value ₹10 Per Equity Share
IPO Price Band [98] to ₹[100]. Per Every Share
IPO Listing On NSE and BSE
IPO Retail Quota
IPO QIB Quota 75%
IPO NII Quota 25%
Bharat Highways InvIT MARKET LOT DETAILS
Application Lot Size Shares Amount
Retail Minimum 1 150 15000
Retail Maximum 13 1950 195,000
S-HNI Minimum 14 2100 210,000
B-HNI Minimum 67 100050 1,005,000
Bharat Highways InvIT IPO GMP TODAY LIVE RATES & KOSTAK RATES
IPO GMP DATE GMP PRICE IPO PRICE SUBJECT TO SAUDA RATE
Feb-28-2024
March-1-2024
March-2-2024
March-3-2024
March-4-2024
March-5-2024
March-6-2024
Bharat Highways InvIT IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date 28 February 2024
IPO Close Date 1 March 2024
Basis of Allotment 4 March 2024
Refunds Money 5 March 2024
Share Credit Demat Account 5 March 2024
IPO Listing Date 6 March 2024
Bharat Highways InvIT FINANCIAL REPORTS
Period of Year Asset Revenue Profit After Tax
30 Sep 2023 5,916.80 388.54 101.35
31 Mar 2023 6,056.28 1,537.47 527.05
31 Mar 2022 5,536.40 1,600.18 62.87
31 Mar 2021 4,943.95 2,170.39 149.45
Bharat Highways InvIT COMPANY CONTACT DETAILS
Novus Tower,
Second Floor, Plot No. 18,
Sector 18, Gurugram Pin – 122 015
Tel: +91 85888 55586
Mail Id: cs@bharatinvit.com
Website: www.bharatinvit.com
Bharat Highways InvIT IPO REGISTER
KFin Technologies Limited
Tel:+91 406716 2222/ 1800 309 4001
E-Mail:bharathighways.invit@kfintech.com
Website:- www.kfintech.com
Grievance E-mail:einward.ris@kfintech.com























