Raajmarg Infra InvIT IPO
Market Sentiment
IPO Details
Market Lot Size
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Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|
Promoters: To be updated soon
Strengths & Risks
- Heavily oversubscribed — 13.7x overall (so far).
- Strong institutional (QIB) demand — 19.1x.
- Elevated leverage — debt/equity of 5,850.00.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Raajmarg Infra Investment Trust is a SEBI-registered trust built to purchase, manage, and maintain working road infrastructure projects in India. The Raajmarg fund is sponsored by the National Highways Authority of India (NHAI), an independent authority under the Ministry of Road Transport and Highways, Government of India. The company’s toll road portfolio includes the Gorhar–Barwa Adda, Chilakaluripet–Vijayawada, Chennai Bypass, Chennai–Tada, and Nelamangala–Tumkur highway stretches. The trust is managed by a team of qualified professionals who have 20 years of experience in the road and highways sector. Moreover, the trust is also planning to start five operational toll road projects situated in Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, spanning a length of about 260 km.
Raajmarg Infra Investment Trust, G – 5 & 6,, Sector 10, Dwarka, New Delhi, New Delhi, 110075
| Purpose | Amount (Cr) |
|---|---|
| Infusion of debt and equity into the Project SPV, which shall be utilized by the Project SPV for the payment of concession value of the InvIT Assets to NHAI | 5,850.00 |
| General purposes | - |
Resources & Documents
Raajmarg Infra InvIT has set a price band of Rs 99–Rs 100 per share for an issue size of Rs 6,000 crore. The stock listed with a 7.00% gain versus its issue price on March 24, 2026.
Raajmarg Infra Investment Trust is a SEBI-registered trust built to purchase, manage, and maintain working road infrastructure projects in India. The Raajmarg fund is sponsored by the National Highways Authority of India (NHAI), an independent authority under the Ministry of Road Transport and Highways, Government of India.
The issue is promoted by To be updated soon with SBI Capital Markets Ltd., Axis Capital Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd. acting as lead manager. Net proceeds will primarily be used towards Infusion of debt and equity into the Project SPV, which shall be utilized by the Project SPV for the payment of concessi… (Rs 5,850 crore) and General purposes.
On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Raajmarg Infra InvIT IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. No grey market premium was recorded for Raajmarg Infra InvIT before it listed.
See the full Raajmarg Infra InvIT GMP history and trend, or learn how grey market premium works and how reliable it is.
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