· Anantam Highways InvIT, jointly backed by Dilip Buildcon (74%) and Alpha Alternatives (26%), successfully listed on NSE and BSE with strong investor response.
· The InvIT holds seven HAM road projects (EV ₹4,500 crore) and targets ₹20,000–₹30,000 crore portfolio expansion over the next 2–3 years.
Mumbai : Dilip Buildcon Limited (DBL), one of India’s largest infrastructure development companies, today announced the successful listing of Anantam Highways InvIT, a SEBI-registered Infrastructure Investment Trust (InvIT). The InvIT is jointly backed by DBL (asset contributor) and Alpha Alternatives (SEBI-registered sponsor), with a shareholding ratio of 74:26, respectively. The units of Anantam Highways Trust (Series IV) (“Anantam InvIT”) have been listed on both the NSE and the BSE.
Anantam InvIT raised money from many marquee investors such as WhiteOak Capital, SBI Capital Markets, Edelweiss Life Insurance, Reliance General Insurance, and Minerva Ventures Fund. The public issue received a strong response with an overall subscription of 5.62 times. The Qualified Institutional Buyer (QIB, ex-anchor) category was subscribed 2.86 times, while the Non-Institutional Investor category saw 8.93 times subscription, reflecting healthy participation from institutional and high-net-worth investors.
Commenting on the development, Dilip Suryavanshi, Chairman & Managing Director of Dilip Buildcon, said, "The launch of this road infrastructure asset marks a strategic milestone in our journey toward building long-term, value-driven infrastructure assets. We view this as a scalable model and are actively exploring the creation of similar listed platforms across other asset classes as a part of our broader growth vision”.
Anantam InvIT currently holds seven hybrid annuity model (HAM) road projects developed by Dilip Buildcon, with a combined enterprise value of approximately ₹4,500 crore. These projects have an average residual concession life of 13 years, providing long-term visibility of annuity-based cash flows. Anantam InvIT plans to further expand its portfolio, targeting an enterprise value of ₹20,000–₹30,000 crore over the next two to three years through the addition of operational highway assets across India.
Devendra Jain, CEO of Dilip Buildcon Limited, said, "This partnership with Alpha Alternatives is a strong endorsement of our execution capabilities. It is especially encouraging that investors have shown confidence in under-construction projects, reflecting trust in DBL’s proven track record of delivering high-quality assets on time."
The launch of Anantam Highways InvIT is aligned with DBL’s broader capital recycling strategy, aimed at enhancing balance sheet strength while creating long-term value for stakeholders through structured monetization of operational assets.
About Dilip Buildcon Limited:
Dilip Buildcon Limited (DBL) is a major Indian listed infrastructure and construction company headquartered in Bhopal, Madhya Pradesh. Founded in 1987 by Dilip Suryavanshi, DBL is one of India’s largest and most diversified Engineering, Procurement, and Construction (EPC) firms, known for its quality execution, rapid project delivery, adoption of modern technology, and vertically integrated business model.
We have a pan-India presence across 12 sectors, including roads, bridges, tunnels, metros, airports, dams, canals, water supply projects, mining, optical fiber networks, and renewable energy. All our projects are executed in-house, leveraging our fleet of over 12,000 equipment and a workforce of 18,000 employees. Over the past two decades, we have successfully completed infrastructure projects worth ₹90,000 crore across various sectors.
For further information, please visit: https://dilipbuildcon.com/