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Anantam Highways InvIT has initiated an IPO valued at ₹400 crore, with unit prices ranging from ₹98 to ₹100. The IPO commenced on October 7 and will conclude on October 9. A maximum of 75% of the offerings are allocated for large investors, while at least 25% is designated for smaller investors. The IPO is being managed by Nuvama Wealth Management. Allotments are scheduled for October 14, with units expected to be listed on the stock market on October 17. This InvIT targets road infrastructure projects and seeks to provide investors with consistent income through tolls and annuity payments.
Currently, the grey market premium stands at zero, indicating a cautious level of interest, though more investors may participate as the listing date approaches.