Bharat Highways InvIT makes flat debut on the NSE
Bharat Highways InvIT has debuted at Rs 101.10 on the NSE, up by 1.10 points or 1.10% from its issue price of Rs 100.00.
The scrip is currently trading at Rs 102.50, up by 2.50 points or 2.50% from its issue price. It has touched a high and low of Rs 103.55 and Rs 101.10 respectively. So far 68.98 lakh shares were traded on the counter.
The offering, which was open for subscription between February 28, 2024 and March 01, 2024 was subscribed 8.01 times. The issue price was fixed at Rs 100 per share i.e. at upper end of price band of Rs 98-100 apiece.
Bharat Highways InvIT is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India.