India’s road network is witnessing an exponential growth- from 3,071 km of national highways built in FY2018 to over 6,000 km in FY2023, laying the foundation for a stronger, more connected economy. This carefully builds the route for Anantam Highways Trust to pitch its IPO to the public.
Anantam Highways Trust, with its road infrastructure focus, is launching its ₹400 crore IPO on October 7, 2025.
Get ready to dive deep into the Anantam Highways Trust IPO details India, with specific updates on its IPO lot size, date, price band, grey market premium, and more.
Anantam Highways Trust IPO Details
Here are the essential details of Anantam Highways Trust’s mainboard IPO.
| IPO Open Date | October 7, 2025 |
| Close Date | October 9, 2025 |
| Face Value | ₹10 |
| Price Band | ₹98-100 |
| Issue size | 4,00,00,000 shares |
| Market Lot | 150 shares |
| Sale Type | Fresh Capital |
| Offer for Sale | – |
| Fresh Issue | 4,00,00,000 shares |
| Issue Type | Bookbuilding InvIT |
| Listing At | BSE NSE |
| Total Issue Size (₹ Cr) | ₹400 Cr |
| Reserved for Market Maker | – |
| Net Offered to Public | 4,00,00,000 shares |
| Minimum Investment(₹) | ₹15,000 |
| Retail Discount | Undisclosed |
Anantam Highways Trust IPO Timeline
The Anantam highways trust IPO follows the following timeline:
| IPO Open Date | 7 Oct 2025 |
| IPO Closing Date | 9 Oct 2025 |
| Allotment | 14 Oct 2025 |
| Refunds processed on | 16 Oct 2025 |
| Credit of Shares | 16 Oct 2025 |
| Tentative Listing Date | 17 Oct 2025 |
| Cut-off Time for UPI Mandate Confirmation | 9 Oct 2025 (5 pm) |
Anantam Highways Trust IPO Grey Market Premium (GMP Today)
| Date | GMP (₹) | Estimated Listing Price (₹) |
| 7 Oct 2025 | 0 | 100 |
Anantam Highways Trust IPO Reservation
Here’s a breakdown of the Anantam highways trust IPO reservation quota for investors:
Anantam Highways Trust: Financial Overview
This table covers all the key financials of the Anantam Highways Trust IPO:
| Particulars | For the period ended 30 June 2025 | For the year ended 31 March 2025 | For the year ended 31 March 2024 | For the year ended 31 March 2023 |
| Revenue from Operations (in ₹ millions) | 2,020.36 | 9,265.46 | 25,256.92 | 25,902.24 |
| Total Expenses (in ₹ millions) | 1,128.38 | 5,469.43 | 26,467.40 | 27,643.41 |
| Profit / (Loss) for the Year(in ₹ millions) | 678.64 | 4,106.23 | (1,600.50) | (1,784.82) |
| Total Assets (in ₹ millions) | 42,418.85 | 41,519.17 | 35,302.31 | 24,254.81 |
Anantam Highways Trust IPO Lot Size
Check the Anantam Highways Trust IPO lot size and the minimum & maximum amounts to invest in.
| Application | Lot Size | Shares | Amount(in ₹) |
| Individual investors (Retail) (Min) | 1 | 150 | 15,000 |
| Individual investors (Retail) (Max) | 13 | 1,950 | 1,95,000 |
| S-HNI (Min) | 14 | 2,100 | 2,10,000 |
| S-HNI (Max) | 66 | 9,900 | 9,90,000 |
| B-HNI | 67 | 10,050 | 10,05,000 |
Anantam Highways Trust IPO Promoter Holding
The promoters’ holdings of the Anantam Highways Trust IPO are:
| Promoter Holding Pre Issue | – |
| Promoter Holding Post Issue | – |
Anantam Highways Trust IPO Anchor Investors Details
The reservation for anchor investors in the Anantam highways trust IPO.
| Bid Date | 6 Oct, 2025 |
| Shares Offered | 1,79,99,850 units |
| Anchor Portion Size (In Cr.) | ₹179.99 crore |
| Anchor lock-in period end date for 50% shares (30 Days) | Undisclosed |
| Anchor lock-in period end date for remaining shares (90 Days) | Undisclosed |
Anantam Highways Trust IPO Subscription Status
Anantam Highways Trust IPO shares subscription is as follows:
| Day 1 | (To be announced) |
| Day 2 | (To be announced) |
| Day 3 | (To be announced) |
Anantam Highways Trust IPO Prospectus
For a detailed Anantam Highways Trust IPO review, check these official documents:
About Anantam Highways Trust
Anantam Highways Trust is an Indian Investment Infrastructure Trust that invests in roads and highway development in India. Alpha Alternatives Fund Advisors LLP sponsors this Trust. The sponsor established this Trust on July 24, 2024.
The Trust commenced its operations with seven National Highways Authority of India (NHAI) highway projects totaling 271.65 km across six regions in India, including Puducherry. It will hold 100% equity in these Special Purpose Vehicles (SPVs) and monetise annuity payments due from them.
Its peers include: Capital Infra Trust and Indus Infra Trust.
Objectives of the Anantam highways trust
The net proceeds from this offer will be used to fund the following:
| Particulars | Amount (₹ in million) |
| Loans to Project SPVs for repayment/prepayment | 3,760.00 |
| General corporate needs | Undisclosed |
| Total | Undisclosed |
Strength of Anantam Highway Trust
Find the key strengths of the Anantam Highways Trust IPO:
- Industrial prospects: Growing sectoral benefits, strong policy reforms, and increased public spending have fueled the growth in the infrastructure industry. This promotes long-term stability in the sector.
- Diversified portfolio: Anantam Highway Trust’s projects provide a stable and diversified stream of cash flows, spanning 1,086.6 lane km across five states and one union territory.
- Backed by experienced sponsors: Anantam Highway Trust benefits from a strong expertise and support from one of its sponsors, Dilip Buildcon Limited (DBL), a leading infrastructure company with proven expertise in roads and highways.
- Growth pipeline: Sponsors of the Trust have a superior expertise in infrastructure and Right of First Offer (ROFO) agreements. Leveraging this expertise, the Trust enjoys exclusive access to upcoming road projects, ensuring consistent expansion opportunities and portfolio diversification.
Risk of Anantam highways trust
Let’s look into some risks of the Anantam Highways Trust :
- Limited operating history: The Trust has a limited operating history. It becomes difficult for stakeholders to compare performance and establish prospects.
- Approvals: The Trust needs prior approvals and meets conditions from NHAI and lenders. Any delay or failure to meet these requirements could disrupt the formation process and affect project timelines.
- Potential penalties: The Trust’s business can be affected by penalties or claims from concessioning authorities on project delays or breaches.
- Lender-related delays: The Trust is exposed to pledging of SPV shares as a loan security by lenders. In the event of delays in the release of these shares, the Trust could face financial hindrances.
Other Recent IPO List
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Conclusion
Anantam Highways Trust is in the road infrastructure business. Its strong industry prospects, diversified income stream, significant promoter experience, and future growth expectations are key strengths that you cannot miss. However, a lack of operating history, prior approval requirements, possibilities of penalties, and lender-related delays could hinder the operations.
The Anantam Higways Trust IPO is open for subscription on October 7, 2025.
Anantam Highways Trust IPO FAQs
Anantam Highways Trust IPO is a ₹400 crores mainboard IPO, entirely a fresh issue of 4,00,00,000 shares. The shares are to be listed on the BSE and the NSE.
Log in to Zerodha Kite.
Search for “Anantam Highways Trust IPO” and click “Apply”.
Enter your UPI ID.
Enter the quantity and price, then click the undertaking box.
Select the “Submit” button.
Accept the mandate on the UPI app.
Anantam Highways Trust IPO is opening on October 7, 2025, and closing on October 9, 2025.
A retail investor’s minimum investment for Anantam Highways Trust IPO is one lot, that is 150 shares. With a price band of ₹98-100, this brings their minimum investment to ₹15,000.
Investors can apply for the Anantam highways trust IPO using ASBA, with UPI as a payment option.
The Anantam Highways Trust IPO allotment date is scheduled on October 14, 2025.
The Anantam Highways Trust IPO shares listing date is on October 17, 2025, on the BSE and NSE.
