Nuvama Contribution:
- As a Sole Banker to the IPO, led the demand mobilization and also hand-held the Company in end-to-end execution, swift regulatory approvals including post issue activities to ensure smooth and successful closure
- Nuvama garnered participation from a diverse investor set including ‘Long Only’ Mutual Funds, Life and General Insurance Companies, family offices, Corporate Treasuries and Wealth Platforms
- Nuvama positioned the InvIT as managing long-term, stable revenue generating sizeable HAM asset portfolio along with strong sponsor coupled with growth potential
- Pushed the story aggressively through our distribution channel to garner strong interest in NII category
Company & Deal Details:
- Anantam is the only InvIT uniquely structured with Alpha Alternatives entities as both Sponsor and Investment Manager — a multi-asset, multi-strategy asset management platform anchored in sound corporate governance — and Dilip Buildcon as the asset developer responsible for O&M, holding a significant stake in the InvIT.
- The Trust is now a publicly listed Road Infrastructure InvIT with an initial portfolio consisting of the seven Project SPVs having an aggregate of 273.25 kms (1,086.60 lane kms), located across five states and one union territory in India.
- Deal saw strong participation across investor categories garnering more than INR 1,305 crs#
- Institutional Investors – ~2.42x*, NII – ~8.25x*
*After technical Rejections; #Before technical Rejections;