JSA is advising Nuvama Wealth Management Limited in relation to the proposed initial public offering of units of Anantam Highways Trust (“Trust”), an infrastructure investment trust, comprising an issuance of units aggregating up to ₹ 4,000.00 million (“Issue”). As part of the transaction, the InvIT will also acquire nine road assets, operating on a hybrid annuity model, from Dilip Buildcon Limited and its associates, and from certain associates of Alpha Alternatives Holding Private Limited.
The Trust has filed its draft offer document with SEBI on March 29, 2025.
Our Transaction Team Comprised Lead Partner, Arka Mookerjee, Partners, Siddhartha Desai and Pracheta Bhattacharya, Principal Associate, Sourav Modi and Associates, Ankesh Kumar, Jeebitesh Bhattacharya and Vaishnavi Kokkonda.
Deal Value – INR 4 billion.
Arka Mookerjee is a Partner and Co-Head of the Equity Capital Markets practice, with over 21 years of experience advising on India’s most complex and high-value transactions. Widely recognised for pioneering mandates—including India’s first QIP and InvIT IPO—he represents issuers, underwriters and investors across capital markets and investment structures. Arka actively engages with regulators and industry bodies, playing a key role in shaping India’s evolving capital markets framework.