Fujiyama Power IPO
Anantam Highways Trust IPO is on!
This is a splendid chance for investors to invest in a fresh issue as it opens on October 7 and closes on October 9. The trust is seeking 4 crore units at a price range between Rs 98 and Rs 100 per unit, targeting Rs 400 crore.
The best part is that this is a completely fresh issue, so the funds raised will help the trust expand and manage its projects more efficiently. This is my favorite IPO to consider before it closes if you’re interested in investing in the infrastructure space.
The Anantam Highways Trust IPO is managed by Nuvama Wealth Management, ensuring a smooth and transparent process. Meanwhile, Kfin Technologies handles the registrar duties, managing investor records and allotments efficiently.
Together, they play key roles in making the IPO experience seamless for all subscribers.
The IPO will also be used to lend about Rs 376 crore to project SPVs for repaying their debts. The rest of the money will be used for the general purposes of the trust to help build a strong financial standing and ensure smooth sailing for its highway projects.
The bidding process for the Anantam Highways Trust IPO will finish on October 9, so be sure to apply before the deadline. The allotment of units is expected to be completed by October 14, after the subscription period ends.
Once the allotment is done, the units will likely be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on October 17.
This means investors who receive the allotment will be able to trade their units on these exchanges from that date. These are important dates to remember if you wish to invest.
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
Vladimir Putin during his visit to India, announced that the capacity of the Kudankulam Nuclear…
The Congress alleged that Mallikarjun Kharge and Rahul Gandhi were not invited to the Presidential…
Redmi is expected to launch its Note 15 5G series which will have three amazing…
