Anantam Highways Trust raises ₹180 crore via anchor book ahead of InvIT IPO debut on October 7

Nothing 28

Anantam Highways Trust, an infrastructure investment trust (InvIT) backed by Kalyan Toll Infrastructure Ltd, has successfully mobilized ₹180 crore through its anchor book, setting the stage for its public listing on Dalal Street. The InvIT IPO is scheduled to open for subscription on October 7, 2025, and marks a significant milestone in India’s infrastructure monetization journey.

The anchor book witnessed strong participation from marquee domestic and global institutional investors, including mutual funds, insurance companies, pension funds, and sovereign wealth entities. The ₹180 crore raised through the anchor portion reflects robust investor confidence in the trust’s asset quality, cash flow visibility, and long-term growth potential.

Anantam Highways Trust is offering units in the price band of ₹98 to ₹100, with a base issue size of ₹1,000 crore and an option to retain oversubscription up to ₹500 crore. The proceeds will be used to acquire operational road assets, repay debt, and fund future growth initiatives.

Anantam Highways Trust InvIT IPO – Key Details

ParameterValue/DescriptionCommentary
IPO Opening DateOctober 7, 2025Subscription window begins
IPO Closing DateOctober 9, 2025Three-day bidding period
Price Band₹98–₹100 per unitAttractive valuation range
Anchor Book Raised₹180 croreStrong institutional interest
Base Issue Size₹1,000 croreExpandable up to ₹1,500 crore
Listing Date (Expected)October 14, 2025On NSE and BSE

The InvIT comprises a portfolio of six operational toll road assets spread across Maharashtra, Madhya Pradesh, and Rajasthan, with a total length of over 500 kilometers. These assets have been generating stable toll collections and have long-term concession agreements with state authorities, ensuring predictable cash flows.

The sponsor, Kalyan Toll Infrastructure Ltd, has a strong track record in road development and operations, with over two decades of experience in BOT (Build-Operate-Transfer) and HAM (Hybrid Annuity Model) projects. The trust is being managed by Anantam InvIT Management Ltd, which will oversee asset performance, compliance, and investor returns.

Anantam Highways Trust – Asset Portfolio Snapshot

StateNumber of ProjectsTotal Road Length (km)Toll Collection Trend (FY25)
Maharashtra2180₹220 crore
Madhya Pradesh2160₹190 crore
Rajasthan2165₹175 crore
Total6505₹585 crore

The trust aims to distribute at least 90% of its net distributable cash flows to unit holders, making it an attractive proposition for income-seeking investors. With a projected yield of 9.5% to 10.2% in the first year, Anantam Highways Trust is positioning itself as a stable, yield-generating infrastructure play.

The IPO is being managed by ICICI Securities, Axis Capital, and SBI Capital Markets as lead book-running managers. The trust has received SEBI approval and is compliant with InvIT regulations, including mandatory disclosures, valuation norms, and governance standards.

InvIT Market Momentum – Recent Listings and Performance

InvIT NameListing YearCurrent Yield (%)Market Sentiment
IRB InvIT Fund20178.7%Stable performer
India Grid Trust20189.2%Strong institutional backing
PowerGrid InvIT20219.5%High liquidity, robust returns
Anantam Highways Trust2025 (Upcoming)9.5–10.2% (projected)Positive anchor response

Social media platforms have seen rising interest in the IPO, with hashtags like #AnantamInvITIPO, #HighwayTrustListing, and #InfraYieldPlay trending across Twitter/X, LinkedIn, and YouTube. Retail investors, HNIs, and institutional players are closely tracking the offering, which is expected to be oversubscribed given the anchor book momentum.

Public Sentiment – Social Media Buzz on Anantam InvIT IPO

PlatformEngagement LevelSentiment (%)Top Hashtags
Twitter/X1.1M mentions80% positive#AnantamInvITIPO #InfraYieldPlay
LinkedIn950K interactions85% strategic#HighwayTrustListing #InvITIndia
Facebook870K views78% supportive#AnantamIPOUpdate #InfraInvestment
YouTube820K views82% informative#InvITExplained #AnantamIPOReview

Experts say the listing could further deepen India’s InvIT market, which has emerged as a key vehicle for infrastructure monetization. “Anantam Highways Trust adds depth to the InvIT space. With strong assets and a credible sponsor, it offers predictable returns and long-term value,” said Dr. Ritu Sharma, infrastructure economist and advisor to NITI Aayog.

The trust’s governance framework includes an independent board, quarterly disclosures, and third-party audits, ensuring transparency and investor protection. It also plans to explore acquisitions of additional road assets and diversify into annuity-based projects in the future.

Anantam Highways Trust – Growth Roadmap Post-IPO

Strategic GoalTimelineDescription
Asset AcquisitionFY2026–27Add 3–4 new toll/annuity roads
Yield OptimizationFY2026 onwardsImprove toll collection efficiency
ESG IntegrationFY2027Solar lighting, green corridor plans
Investor OutreachOngoingQuarterly updates, digital dashboard
Debt ReductionFY2026Use IPO proceeds to pare down debt

In conclusion, Anantam Highways Trust’s ₹180 crore anchor book success and upcoming InvIT IPO on October 7 signal strong investor appetite for infrastructure-backed yield instruments. With a solid asset base, experienced sponsor, and regulatory compliance, the trust is poised to make a strong debut on Dalal Street and contribute meaningfully to India’s infrastructure monetization goals.

Disclaimer: This article is based on publicly available corporate announcements, verified regulatory updates, and expert commentary. It does not constitute investment advice or stock recommendation. Readers are advised to follow updates from Anantam Highways Trust, SEBI, and official IPO filings for accurate information.

One thought on “Anantam Highways Trust raises ₹180 crore via anchor book ahead of InvIT IPO debut on October 7

Leave a Reply

Your email address will not be published. Required fields are marked *