Is Bharat Highways InvIT a government or private company?

What is Bharat Highways InVit

Bharat Highways InVit is an investment trust which is going to invest on indian roads and high projects. Roads and Highways are always going to grow which make it a good opportunity to invest. It will follow the rules of SEBI. Its upcoming IPO is attractive and worth about 2500 crores. Its aim is to become the largest public capital with the help of InVit route soon.


Is it a private or a government company?
 
People get confused with its name and think that it is a government company, but its not. Its private.

Some key points about Bharat Highways InVit

What type of offering is it: Infrastructure Investment Trust (InvIT)

Sponsor:
Bharat Road Network Limited (BRNL)

Focus Area:
Roads and Highways projects

Portfolio Assets:
5 operational road projects (~721 lane kms)
2 under-construction highway assets (~300 lane kms)
Across 6 states in India

IPO Details:
Opens: February 28, 2024
Closes: March 1, 2024
Fresh issue of 25 crore units
Size: Rs 2,500 crore
Price band: Rs 98 - Rs 100 per unit

Use of IPO proceeds:
To provide loans to SPVs for repayment of debt

Structure:
Investment trust structure

Sponsor: BRNL

Investment Manager: IRB Infrastructure Developers Ltd
5 Project SPVs housing assets

Benefits:
Stable cash flows
Liquidity
Exposure to road infrastructure growth

Growth Drivers:
Government infrastructure push
National Infrastructure Pipeline
Highways sector opportunities

InvIT Advantages:
Tax efficiency
Transparent governance
Mandatory distribution requirement

Visit the official website for more information


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