IPO Details
Bidding Dates
07 Oct 25 - 09 Oct 25
Lot Size
150
Price Range ₹
98 - 100
Exchange Status
NSE,BSE
Total Equity
₹ 0.00 Cr
IPO Doc
IPO Timeline
Listing
--
Offer start
07 Oct 2025
Offer end
09 Oct 2025
Allotment
14 Oct 2025
Refund initiation
16 Oct 2025
Demat transfer
16 Oct 2025
Listing
--
Offer start
07 Oct 2025
Offer end
09 Oct 2025
Allotment
14 Oct 2025
Refund initiation
16 Oct 2025
Demat transfer
16 Oct 2025
About Company
Anantam Highways Trust is an Indian infrastructure investment trust (InvIT) specializing in road infrastructure assets. Established by Alpha Alternatives Fund Advisors LLP in July 2024 and registered with SEBI in August 2024, the Trust owns a portfolio of seven highway projects spanning 271.65 km across five states and one union territory in India. Its portfolio includes key projects such as Dhrol Bhadra Highways, Dodaballapur Hoskote Highways, Repallewada Highways, and others. The Trust benefits from strong sponsor support by Alpha Alternatives—a multi-strategy asset manager—and operational backing from Dilip Buildcon Limited, which serves as both Project Manager and Investment Manager.Operates in a sector characterized by strong fundamentals and supportive government policies.Holds a sizeable, long-term, revenue-generating asset portfolio.Robust backing from experienced sponsors and managers, with proven operational and maintenance capabilities.Opportunities exist for portfolio expansion, contributing to future growth.Supported by an experienced management team and a favorable O&M structure.
Year Founded
24-07-2024
Promotor Details
Project Details
- None - Nonecr
Highlights
- Exposure to a stable, high-potential infrastructure sector with government support.
- A well-diversified portfolio across multiple projects and states, limiting regional risks.
- Strong profit growth, indicating improved financial health and management effectiveness.
- Experienced Sponsor and Project/Investment Manager providing operational and financial guidance.
- Rights and capacity for portfolio expansion enhance growth prospects.
Challenges
- Significant revenue decline raises concerns about near-term top-line performance and traffic/income generation.
- The portfolio’s dependence on Hybrid Annuity Model (HAM) projects can expose it to project execution and policy risks.
- Limited operational track record, as the Trust was established recently.
- Vulnerability to economic cycles impacting toll collections and infrastructure demand.
- Potential concentration risk due to a relatively concentrated portfolio of projects and regions.
