Mumbai, Oct. 10 -- The initial public offer of Anantam Highway Trust (InvIT) received bids for 12,62,10,000 units as against 2,24,49,000 units on offer. The issue was subscribed 5.62 times.

The institutional investors category, comprising foreign institutional investors, domestic financial institutions, and mutual funds, was subscribed just 2.86 times. The other investor category, made up of corporations, individual investors, and others, was subscribed to 8.93 times.

The issue opened for bidding on 7 October 2025 and it closed on 9 October 2025. The price band of the IPO is fixed between Rs 98 and 100 per share.

The IPO comprised a fresh issue of units, aggregating up to Rs 400 crore.

The proceeds from the offer will be utilized towa...