Raajmarg Infra Investment Trust InvIT IPO Details

IPO Price Band

The Raajmarg Infra Investment Trust InvIT IPO price band has been set between ₹99 and ₹100 per unit. The IPO subscription period will commence on Wednesday, March 11 and close on Friday, March 13.

IPO Allocation

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The allocation of shares to anchor investors is scheduled to take place on Tuesday, March 10. The IPO has reserved 75% of the shares for Qualified Institutional Buyers (QIB) and 25% for Non-Institutional Investors (NII).

IPO Timeline

The basis of allotment of shares is expected to be finalized on Wednesday, March 18. Refunds will be initiated on Friday, March 20, and the shares will be credited to the demat account of allottees on the same day.

Listing Details

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The company's shares are expected to be listed on BSE and NSE on Tuesday, March 24.

IPO Details

The total size of the Raajmarg Infra Investment Trust's IPO amounts to ₹6,000 crore, an increase from the originally planned ₹5,700 crore. The public InvIT aims to tap into the monetization potential of National Highway assets, establishing a high-quality, long-term investment vehicle.

Company Background

Raajmarg Infra Investment Trust was established as an infrastructure investment trust and is officially registered with SEBI as per the InvIT Regulations since December 22, 2025. The Trust has been set up to acquire, manage, and maintain operational road infrastructure assets across India.

Toll Road Portfolio

The Trust's toll road portfolio includes routes such as Gorhar to Barwa Adda, Chilakaluripet to Vijayawada, the Chennai Bypass, Chennai to Tada, and Nelamangala to Tumkur. The portfolio consists of five operational toll road assets established under the Toll Operate Transfer (TOT) model by NHAI, spanning approximately 260.198 km.