Mumbai, Oct. 8 -- The initial public offer of Anantam Highway Trust (InvIT) received bids for 74,38,350 units as against 2,24,49,000 units on offer, according to stock exchange data at 17:00 IST on Tuesday (7 October 2025). The issue was subscribed 0.33 times.
The issue opened for bidding on 7 October 2025 and it will close on 9 October 2025. The price band of the IPO is fixed between Rs 98 and 100 per share. An investor can bid for a minimum of 150 equity shares and in multiples thereof.
The IPO comprised a fresh issue of units, aggregating up to Rs 400 crore.
The proceeds from the offer will be utilized towards providing loans to the Project SPVs for repayment or pre-payment of debt, in part of in full, including any accrued interest...
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