Anantam Highways Trust has announced the opening of its Initial Public Offering (IPO) of units on Tuesday, October 7, 2025. The issue, aggregating up to ₹4000 million, will close on Thursday, October 9, 2025. The Anchor Investor bidding will open a day earlier, on October 6, 2025. The price band has been fixed between ₹98 and ₹100 per unit, with a minimum bid of 150 units and in multiples thereafter.
The InvIT, set up to invest in, own, and operate road assets in India, has already received in-principle listing approvals from NSE and BSE, with NSE designated as the lead exchange. The IPO will constitute at least 18.39% of the total outstanding units of the Trust on a post-issue basis.
Net proceeds from the IPO are planned to be used for providing loans to project SPVs to repay or prepay external debt, including accrued interest, estimated at ₹3,760 million, as well as for general corporate purposes.
