Raajmarg Infra Investment Trust IPO Day 2: Check GMP, Subscription Status & Key Highlights
The bidding window for Raajmarg Infra Investment Trust IPO opened yesterday for public subscription. It enters the second day of IPO today on March 12, 2026. The basis of allotment for the Raajmarg Infra Investment Trust IPO is likely to be finalised on March 18, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on March 24, 2026.
Backed by the National Highways Authority of India (NHAI), Raajmarg Infra Investment Trust is a newly established infrastructure investment trust focused on owning and managing national highway assets.
Note: As per regulations, once you have applied for the IPO, cancellation of the application is not supported for any category.
Raajmarg Infra Investment Trust IPO: Issue Details
Raajmarg Infra Investment Trust IPO is a book-build issue of ₹6,000 crore, consisting entirely of a fresh issue of 60 crore shares. The minimum lot size for an application is 150 shares and the price band is set between ₹99 - ₹100 per share. The minimum investment amount required for retail investors is ₹15,000.
SBI Capital Markets Limited, Motilal Investment Advisors Limited, ICICI Securities Limited and Axis Capital Limited are the book running lead managers for the IPO. While, Kfin Technologies Ltd is the registrar.
Raajmarg Infra Investment Trust IPO Day 2 Subscription Status
[12-March-2026, 11:00 AM]
|
Investor Category |
Subscription (Times) |
|
Institutional Investors |
- |
|
Other Investors |
0.10 |
|
Total |
0.05 |
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 utilised by the Project SPV for the payment of the concession value of the InvIT Assets to NHA
- General corporate purposes
Explore other Upcoming IPOs on BSE and NSE.
Raajmarg Infra Investment Trust GMP
As per media reports, the Grey Market Premium (GMP) of Raajmarg Infra Investment Trust is reported at ₹0.
Raajmarg Infra Investment Trust Business Overview
Raajmarg Infra Investment Trust is an infrastructure investment trust constituted under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. The Trust has been formed to acquire, operate, and maintain income-generating road infrastructure assets across India, with sponsorship from the National Highways Authority of India (NHAI).
Raajmarg InvIT plans to initially hold a portfolio of five operational toll road assets situated in Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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