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Anantam Highways InvIT IPO

Listed MAINBOARD BSE, NSE

Price Band

₹98.0–100.0

Issue Size

₹400.0 Cr

Lot Size

150 shares

Min Investment

₹15,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹100.0

Anantam Highways InvIT IPO AI Summary

  • Anantam Highways InvIT IPO is listed on BSE, NSE.
  • Price band: ₹98.0–₹100.0 per share, lot size 150 shares (min. investment ₹15,000).
  • Subscription window: 07 Oct–09 Oct 2025, listing on 16 Oct 2025.

Anantam Highways Trust is a newly established InvIT focusing on road infrastructure projects across India. It aims to raise ₹400 Cr through its IPO, with proceeds directed towards debt repayment for project SPVs and other general purposes. The Trust has a solid portfolio and management backing, making it an interesting option for investors looking at infrastructure investments.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Anantam Highways InvIT IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 09 Oct 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 07 Oct 2025
IPO Close Date
Thu, 09 Oct 2025
Allotment Date
Tue, 14 Oct 2025
Refund Initiation
Thu, 16 Oct 2025
Credit of Shares
Thu, 16 Oct 2025
Listing Date
Thu, 16 Oct 2025
Listing Price
₹100.0 +0.0%

Subscription Status

Subscription data unavailable

Anantam Highways InvIT IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

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 Attractive industry sector with strong underlying fundamentals and favourable government policies Sizeable portfolio of long-term, stable, revenue-generating assets Strong support from the Sponsor, Dilip Buildcon Limited, Project Manager and Investment Manager Growth opportunities and rights to expand portfolio of assets Skilled and experienced management team Strong O&M Support and favorable O&M structure

Company Financials (₹ Cr)

Period Ended 31 Mar 2026
Assets 4,345.43
Total Income 202.39
Profit After Tax 117.13
NET Worth 2,225.54
Reserves and Surplus 81.33
Total Borrowing 2,101.18

Key Ratios

Market Cap

₹2175.00 Cr

Peer Comparison

Company NAV
Indus Infra Trust 115.81
Capital Infra Trust 82.26
Anantam Highways Trust This IPO —

Objects of the Issue

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 3 Issue Expenses 13.86 Total 400.00

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹202.39 Cr in the period ending 31 Mar 2026.

Profit Trend

Profit after tax was ₹117.13 Cr in the period ending 31 Mar 2026.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It serves as an indicator of the expected listing price, reflecting market sentiment towards the IPO. A higher GMP suggests strong demand, while a lower or negative GMP may indicate weaker interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the stability of the underlying assets and the management team's experience.

Who May Want to Wait

Investors who prefer conservative investments or those who are risk-averse may want to avoid this IPO, as infrastructure investments can be subject to market fluctuations and regulatory changes.

IPO Timeline, Explained

The IPO opens for subscription on October 7, 2025, and closes on October 9, 2025. Allotment of shares will be done on October 14, 2025, with the listing date set for October 16, 2025.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While some IPOs may see a sharp rise in share price on their first day of trading, others may not perform as well. Factors such as market conditions, investor sentiment, and the company's fundamentals can all influence listing performance.

This evaluation is generated from Anantam Highways InvIT's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Anantam Highways InvIT IPO?

The price band of Anantam Highways InvIT IPO is ₹98.0–₹100.0 per share.

When does Anantam Highways InvIT IPO open and close?

Anantam Highways InvIT IPO opens on 07 October 2025 and closes on 09 October 2025.

When does Anantam Highways InvIT IPO list on the stock exchange?

Anantam Highways InvIT IPO listed on 16 October 2025 at ₹100.0.

What is the lot size for Anantam Highways InvIT IPO?

The lot size for Anantam Highways InvIT IPO is 150 shares, requiring a minimum investment of ₹15,000.

What is the price band for the IPO?

The price band for the IPO is ₹98.0 to ₹100.0.

What is the minimum investment required?

The minimum investment required is ₹15,000.

When does the IPO open and close?

The IPO opens on October 7, 2025, and closes on October 9, 2025.

What is the lot size for this IPO?

The lot size for this IPO is 150 shares.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹400.0 Cr
Price Band ₹98.0 – ₹100.0
Issue Price ₹100.0
Lot Size 150 shares
Min Investment ₹15,000
Exchange BSE, NSE
Sector
Open Date 07 Oct 2025
Close Date 09 Oct 2025
Allotment 14 Oct 2025
Listing Date 16 Oct 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Kfin Technologies Ltd.

Lead Managers / Book Running

Nuvama Wealth Management Ltd.

IPO Timeline

Open

07 Oct 2025

Close

09 Oct 2025

Allotment

14 Oct 2025

Listing

16 Oct 2025

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