Raajmarg Infra Investment Trust IPO Day 1: Check Subscription Status, Key Highlights, and More
Note: As per regulations, once you have applied for the IPO, application cancellation is not supported for any category.
The Raajmarg Infra Investment Trust IPO is open for public subscription today, 11 March 2026. Prior to the IPO opening, the company has raised ₹1,728 crore from anchor investors on March 10, 2026, Tuesday.
Raajmarg Infra Investment Trust IPO: Issue Details
Issue Type: The IPO is a book-build issue of ₹6,000 crore, consisting entirely of a fresh issue of 60 crore shares.
Lot Size: 150 shares
Price Band: ₹99-₹100 per share
Minimum Investment: ₹15,000 (for retail investors)
IPO Closing Date: March 13, 2026
Allotment Date: The basis of allotment will be finalised by March 18, 2026.
Listing Date: The tentative listing date on BSE and NSE is March 24, 2026.
Book Running Lead Managers: SBI Capital Markets Limited, Motilal Investment Advisors Limited, ICICI Securities Limited and Axis Capital Limited
Registrar: Kfin Technologies Ltd
Raajmarg Infra Investment Trust IPO Day 1 Subscription Status
[11-March-2026 11:45:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Institutional Investors |
0.00 |
|
Other Investors |
0.03 |
|
Total |
0.01 |
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to fund the expenses towards the following objectives:
- Infusion of debt and equity into the Project SPV, which will be utilized by the Project SPV for the payment of concession value of the InvIT Assets to NHA
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Raajmarg Infra Investment Trust Business Overview
Raajmarg Infra Investment Trust is an infrastructure investment trust established in accordance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. The Trust has been set up with the objective of owning, operating and maintaining revenue-generating road infrastructure assets in India and is sponsored by the National Highways Authority of India (“NHAI”).
Raajmarg InvIT proposes to hold an initial portfolio consisting of five operational toll road assets located across the states of Jharkhand, Andhra Pradesh, Tamil Nadu and Karnataka.
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