Bharat Highways InvIT listed on NSE and BSE at Rs 101.10, raising Rs 2,500 crore from investors.

Bharat Highways InvIT, an infrastructure investment trust, listed on the NSE and BSE at Rs 101.10, slightly higher than its issue price of Rs 100. The company raised Rs 2,500 crore from investors through a fresh issue of 25 million shares. Bharat Highways InvIT primarily focuses on acquiring, managing, and investing in various infrastructure assets in India, operating under SEBI's InvIT regulations. The IPO received a lukewarm response, with a premium of Rs 2 per equity share in the grey market before listing.

March 12, 2024
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