Mumbai: Anantam Highways Trust, an INVIT established to invest in, own and operate road assets in India, is coming out with its IPO priced at Rs 98 to Rs 100 per unit – aggregating to Rs 400 crores – which will open on October 7, 2025 and close on October 9, 2025.
The units are proposed to be listed on the NSE and BSE.
Naresh Kothari, Founder & Managing Partner, Anantam Highways Trust, told media here recently that the Net Proceeds of the Offer are proposed to be utilised for: Providing loans to the Project SPVs for repayment/prepayment of external debt, in part or full, including accrued interest, of their respective outstanding borrowings, estimated Rs 3,760.00 million (Rs 376 crore), and for general purposes.
The Sponsor of the Trust is Alpha Alternatives Fund Advisors LLP. The Investment Manager is Alpha Alternatives Fund-Infra Advisors Private Limited and the Trustee is Axis Trustee Services Limited.
Nuvama Wealth Management Limited is the Sole Book Running Lead Manager to the issue.
