Introduction
The Bharat Highways Infrastructure Investment Trust (InvIT) has recently opened its Initial Public Offering (IPO) for subscription. As investors consider participating in this opportunity, it’s essential to understand the key aspects of the IPO, including the Grey Market Premium (GMP) and other relevant details.
Grey Market Premium (GMP)
The Grey Market Premium (GMP) reflects the premium at which the shares of an IPO are trading in the unlisted market. As of now, the GMP for Bharat Highways InvIT ipo stands at ₹0, indicating that the shares are available at par value.
Bharat Highways InvIT IPO GMP (Grey Market Premium) Live Rates day by day Updated Here.
| Date | IPO PRICE | IPO GMP |
| Today (2 Mar 2024) | ₹100 | ₹2 |
| 1 March 2024 | ₹100 | ₹2 |
| 28 February 2024 | ₹100 | ₹0 |
| 28 February 2024 | ₹100 | ₹0 |
What is Bharat Highways InvIT?
Bharat Highways InvIT is an infrastructure investment trust that aims to acquire, manage, and invest in a portfolio of infrastructure assets in India. Specifically, it focuses on seven highways across the country.
IPO Details
- Issue Size: The IPO is a book-built issue with a total size of ₹2,500 crores.
- Price Band: The price band for each share is set between ₹98 and ₹100.
- Opening Date: February 28, 2024
- Closing Date: March 1, 2024
Should You Apply?
Investors should carefully evaluate their investment strategy and risk appetite before participating in the Bharat Highways InvIT IPO. Consider factors such as the company’s portfolio, market conditions, and your own financial goals.
