The Bharat Highways Infrastructure Investment Trust (InvIT) recently concluded its Initial Public Offering (IPO) and garnered significant investor interest. If you’re one of the eager participants, you’re probably curious about the allotment status.
About Bharat Highways Invit IPO
Bharat Highways Infrastructure Investment Trust has been established as an entity for investing in infrastructure. Its main focus is on acquiring, managing, and investing in a diverse range of infrastructure assets in India. Operating under SEBI InvIT Regulations, the company’s portfolio consists of seven roads, all operating under the Hybrid Annuity Model (HAM) across various states in India. These roads have concession rights granted by NHAI and are owned by Project Special Purpose Vehicles (SPVs) wholly owned by GRIL. All assets held by the InvIT are HAM projects awarded by NHAI, and the trust’s revenue primarily comes from annuity payments from NHAI. The Trust has received provisional ratings from CRISIL, CARE Ratings Limited, and India Ratings and Research.
You can verify the allotment status using the following 2 methods:
1. How to Check Allotment Status on Register’s website
- Visit the Registrar’s Website:
- Go to the KFintech IPO Allotment Website, which is the registrar for Bharat Highways Invit IPO, and Select the anyone link
- Look for the IPO allotment section.
- Select Bharat Highways Invit :
- Choose “Bharat Highways Invit ” from the drop-down menu of issuer companies.
- Enter Details:
- You can check your allotment status using any of the following details:
- PAN Number: Enter your PAN number.
- Application Number: Use the application number provided during IPO application.
- DP Client ID/Demat Account Number: If you have a Demat account, enter the DP client ID.
- You can check your allotment status using any of the following details:
- Click on ‘Submit’:
- Tap the ‘Submit’ button.
- The screen will display the shares applied by you and the shares allotted to you.
2. How to Check Allotment Status on BSE Website
One of the easiest ways to check the Bharat Highways Invit IPO allotment status online is to use the BSE website. Here are the steps to follow:
- Visit the [BSE website] bseindia.com/investors/appli_check.aspx and select the issue type as “Equity.”.
- Select the issue name as “Bharat Highways Invit” from the drop-down menu.
- Enter your application number and PAN number in the respective fields.
- Click on the “Search” button, and you will see the Juniper Hotels allotment status on the screen.
Bharat Highways Invit IPO Details
- IPO Size: The IPO aimed to raise around ₹2,500 Crores.
- Price Band: The price band for the IPO was fixed at ₹98 to ₹100 per equity share.
- Listing Date: Bharat Highways InvIT is set to be listed on both the BSE and NSE on March 6.
Bharat Highways Invit IPO Subscription status
IPO Subscription: The Bharat Highways InvIT IPO received approximately 6.74 times oversubscription overall. Qualified Institutional Buyers (QIBs) subscribed 6.59 times, Non-Institutional Investors (NIIs) subscribed 6.93 times, and Retail investors also demonstrated significant interest.
