Anantam Highways Trust InvIT logo

Anantam Highways Trust InvIT

Listed

IPO Timeline

Issue open date

7 Oct 2025

Issue close date

9 Oct 2025

UPI mandate deadline

9 Oct 2025

Allotment finalization

14 Oct 2025

Refund initiation

16 Oct 2025

Share credit

16 Oct 2025

Listing date

17 Oct 2025

Mandate end date

24 Oct 2025

Lock-in end date for anchor investors (50%)

13 Nov 2025

Lock-in end date for anchor investors (remaining)

12 Jan 2026

Key Dates

Open
7 Oct 2025
Close
9 Oct 2025
Listing
16 Oct 2025

Quick Stats

Issue Size:400cr
Lot Size:150 shares

About the Company

Anantam Highways Trust, sponsored by Alpha Alternatives, is an InvIT investing in seven NHAI HAM road projects spanning 272 km across six Indian states. The Trust earns steady annuity revenues, reducing traffic-linked income risk, and focuses on long-term infrastructure monetization and growth.

Strengths

  • Operates in India’s rapidly expanding road infrastructure sector backed by strong government support.
  • Portfolio of seven operational road projects across six regions ensuring geographic diversification.
  • Long-term, annuity-based model provides predictable cash flows and lower revenue risk.
  • Strong sponsor (Alpha Alternatives) with expertise in infrastructure and asset management.
  • Right of first offer (ROFO) agreements for future project acquisitions support steady growth.

Risks

  • High dependence on government contracts and payments; delays can affect cash flow.
  • Operational risks from single-sector exposure (roads) and project-level challenges.
  • Subject to regulatory, concession, and environmental compliance requirements.
  • Any downgrade in sponsor’s or SPVs’ credit profile may impact funding ability.
  • Revenue limited to annuity inflows; no toll income diversification.

Anantam Highways Trust InvIT IPO – Frequently Asked Questions

  • The price band for the Anantam Highways Trust InvIT IPO is set at ₹98 to ₹100 per share.
  • The Anantam Highways Trust InvIT IPO opens on October 7, 2025 and closes on October 9, 2025.
  • The tentative listing date for the Anantam Highways Trust InvIT IPO is October 16, 2025.
  • You can apply for the Anantam Highways Trust InvIT IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Anantam Highways Trust InvIT, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Anantam Highways Trust InvIT IPO is 150 shares. Investors must apply for at least one lot (i.e., 150 shares).