New Delhi, Oct. 7 -- The initial public offering of Anantam Highways Trust, an InvIT focused on investing in, owning, and operating road assets in India, has opened today, Tuesday, October 7, 2025, with a price band of Rs.98 to Rs.100. The offer will close on Thursday, October 9, 2025, and the Trust aims to issue units totaling up to Rs.400 crore.

The IPO proceeds, totaling up to Rs.376 crore, will primarily be used to provide loans to the project Special Purpose Vehicles (SPVs) for the repayment of their existing debt. The remaining funds will be allocated for general corporate purposes.

Prior to its IPO launch, Anantam Highways Trust successfully raised nearly Rs.180 crore through its anchor book on October 6. Sponsored by Alpha Alter...