Bharat Highways InvIT IPO allotment finalized: A Step-by-Step Guide to Checking Your Status in 6 Simple Steps

Bharat Highways InvIT IPO allotment:

If you've applied for the Bharat Highways InvIT IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the KFin Techologies Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.

Bharat Highways InvIT IPO allotment date:

The allotment date for the Bharat Highways InvIT IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Bharat Highways InvIT IPO, managed by KFin Techologies Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Bharat Highways InvIT IPO commenced on February 28, 2024, and concluded on March 1, 2024.

Bharat Highways InvIT IPO subscription:

On the third day of subscription, the Bharat Highways InvIT IPO witnessed [-] times subscription. The listing date is scheduled on March 12, 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on March 5, 2024. Those allotted shares will receive them in their demat accounts on March 5, 2024. The listing date for Bharat Highways InvIT IPO is confirmed to be March 12, 2024.

Bharat Highways InvIT IPO: How to check allotment status?

If you've applied for the Bharat Highways InvIT IPO, you can easily check your allotment status on the KFin Techologies Ltd website. Here's a simple guide to check your allotment status:

  • Go to the KFin Techologies Ltd website.
  • Select the Bharat Highways InvIT IPO from the dropdown menu.
  • Choose either your Application Number, Demat Account, or PAN to proceed.
  • Select your application type as ASBA or non-ASBA.
  • Provide the required details based on your selection in the previous step.
  • Complete the Captcha verification.
  • Click on the submit button to view your allotment status.

How to check Bharat Highways InvIT IPO allotment status on BSE:

  • Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
  • In the 'Issue Type' section, opt for 'Equity' and pick the Bharat Highways InvIT IPO from the dropdown menu labeled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

How to check Bharat Highways InvIT IPO allotment status on NSE:

  • to NSE's official website using this link:https://www.nseindia.com/
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

Allocation quota for Bharat Highways InvIT

The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.

Category of Investors Allocation of shares under IPO
Reservation for Employees 0 (0%)
Anchor Allocation 11,25,00,000 (45%)
QIB Shares Offered 7,50,00,000 (30%)
NII (HNI) Shares Offered 6,25,00,000 (25%)
Retail Shares Offered 0 (0%)
Total Shares Offered 25,00,00,000

Data Source: BSE, NSE

Let's now examine how different categories of investors participated in placing their bids for the IPO of Bharat Highways InvIT.

Subscription levels for Bharat Highways InvIT

Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Bharat Highways InvIT.

Category Subscription Status
Qualified Institutional Buyers (QIB) [-]
S (HNI) ₹2 lakhs to ₹10 lakhs [-]
B (HNI) Above ₹10 lakhs [-]
Non Institutional Investors (NII) [-]
Retail Individuals [-]
Employees [-]
Overall Subscription [-]

Data Source: BSE, NSE

The QIB portion witnessed a subscription of [-] times, while the HNI/NII portion saw a subscription of [-] times. The Retail portion experienced a subscription of [-] times, culminating in an overall subscription of [-] times for the IPO.

Frequently Asked Questions

What is Bharat Highways InvIT IPO?

Answer Field

Bharat Highways InvIT IPO is a Mainboard IPO of 25,00,00,000 equity shares of a face value of ₹100 aggregating up to ₹2500 Crores. The issue is priced at ₹100 to ₹100 per share. The minimum order quantity is 150 Shares. The IPO opens on February 28, 2024, and closes on March 01, 2024. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Bharat Highways InvIT IPO will open?

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The Bharat Highways InvIT IPO opens on February 28, 2024 and closes on March 01, 2024.

What is the lot size of Bharat Highways InvIT?

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Bharat Highways InvIT lot size is 150 shares, and the minimum amount required is ₹15,000.

How to apply for Bharat Highways InvIT IPO?

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You can apply in Bharat Highways InvIT IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Bharat Highways InvIT IPO allotment?

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The finalization of Basis of Allotment for Bharat Highways InvIT IPO will be done on March 06, 2024, and the allotted shares will be credited to your demat account by March 07, 2024.

When is Bharat Highways InvIT IPO listing date?

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The Bharat Highways InvIT listing date is March 12, 2024.

Who is the registrar of Bharat Highways InvIT IPO?

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The registrar of Bharat Highways InvIT IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

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ICICI Securities Ltd,Axis Capital Ltd,HDFC Bank Ltd,IIFL Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Bharat Highways InvIT IPO?

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The fresh issue size is ₹2500 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Bharat Highways InvIT?

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Retail investors can subscribe to a minimum of one lot, 150 shares and ₹15,000 amount.

How can I approve the UPI mandate request for Bharat Highways InvIT IPO?

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To apply for Bharat Highways InvIT IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Bharat Highways InvIT?

Answer Field

The price of each Bharat Highways InvIT share will be ranging in between ₹100 to ₹100 per share.

What is the cut-off time for the UPI mandate for Bharat Highways InvIT IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, March 01, 2024.

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