Bharat Highways InvIT raises ₹826 cr from anchor investors; IPO opens today
The ₹2,500 crore IPO of Bharat Highways InvIT will open for subscription today at a price band of ₹98-100 per share.
The ₹2,500 crore IPO of Bharat Highways InvIT will open for subscription today at a price band of ₹98-100 per share.
NHAI has adopted three modes for assets monetising which includes Infrastructure Investment Trust (InvITs), toll operate transfer (TOT), and project-based securitisation.
The Infrastructure Investment Trust raised ₹5,225.82 crore from a slew of anchor investors including British Columbia Investment Management Corp (BCI) and Abu Dhabi's Mubadala.
The deal also envisages the setting up of an Infrastructure Investment Trust (InvIT).