RaajMarg Infra Investment Trust (No cancellation) IPO

Note: As per regulations, application cancellation is not allowed for any category. Raajmarg Infra Investment Trust is an infrastructure investment trust (InvIT) registered with the Securities and Exchange Board of India (SEBI) under the InvIT Regulations. It has been established to acquire, operate, and maintain infrastructure assets in line with the terms set out in the Concession Agreements. The Trust is sponsored by the National Highways Authority of India (NHAI), an autonomous authority of the Government of India. The initial portfolio is proposed to include five toll road projects located in the states of Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka. These projects are being developed under the Toll Operate Transfer model introduced by NHAI. The toll roads will be operated and maintained by the Project SPV (Special Purpose Vehicle) under concession agreements granted by NHAI. Together, the five toll roads cover a total length of 260.198 kilometres and form part of the Golden Quadrilateral highway network. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: For the infusion of debt and equity into the Project SPV, which will be utilised by the Project SPV for the payment of concession value of the InvIT Assets to NHAI - Rs 5,850 crore. General corporate purposes;