Raajmarg Infra InvIT IPO

Listed Mainboard
Open Mar 11
Close Mar 13
Allotment Mar 18
Refund Mar 20
Listing Mar 24

Market Sentiment

Grey Market Premium What is GMP?
GMP data not available yet
Subscription Status
QIB
19.14x
Others
6.92x
Total
13.74x
Updated: Mar 13, 2026 4:45 pm IST
Analysis Score 62 / 100
Data: 45%
Subscription Score 85
Financial Health 15
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹99-100 per equity share
Face Value₹10 Per Equity Share
Lot Size 150 shares (Min ₹15,000)
Total Issue Size ₹6,000.00 crore
Fresh Share₹6,000.00 crore
Issue TypeBook build Issue
Lead ManagerSBI Capital Markets Ltd., Axis Capital Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd.
RegistrarKfin Technologies Ltd.
Listing atBoth
BSE Code544734
NSE SymbolRIIT
ISININE2PB023011
Listing Price₹107.00
Listing Gain+7.00%

IPO Reservation

Category Shares Offered Shares %
QIB11,63,63,40054.55%
NII (HNI)9,69,69,75045.45%
bNII > ₹10L6,46,46,50030.30%
sNII < ₹10L3,23,23,25015.15%
Others15,00,00,00070.31%
Anchor17,28,00,00081.00%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 150 ₹15,000
Budget to Lots Calculator

Financial Analysis

Financial Data
Debt/Equity
5,850.00
Financial Performance
Metric 2023 2024 2025
Revenue - - -
Expense - - -
Profit (PAT) - - -
Total Assets - - -
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: To be updated soon

Strengths & Risks

Strengths
  • Heavily oversubscribed — 13.7x overall (so far).
  • Strong institutional (QIB) demand — 19.1x.
Risks & Concerns
  • Elevated leverage — debt/equity of 5,850.00.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Raajmarg Infra InvIT

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.

Objects of the Issue
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

Anchor Investors
Anchor Bidding Date
March 10, 2026
Shares Offered to Anchors
17,28,00,000
Lock-in End (30 Days, 50%)
April 17, 2026
Company Contact Information

Raajmarg Infra Investment Trust, G – 5 & 6,, Sector 10, Dwarka, New Delhi, New Delhi, 110075

Raajmarg Infra InvIT IPO — Quick Take

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.

Final subscription data records overall subscription at 13.74x, QIB at 19.14x.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Raajmarg Infra InvIT IPO is Rs 99 to Rs 100 per share. Face value is Rs 10 per share.

The total issue size of Raajmarg Infra InvIT IPO is Rs 6,000 crore, comprising fresh issue of Rs 6,000 crore.

Retail investors must apply for a minimum of 1 lot of 150 shares, requiring an investment of Rs 15,000. Maximum retail application is 13 lots (1950 shares, approx Rs 1,95,000).

Raajmarg Infra InvIT IPO opens for subscription on March 11, 2027 and closes on March 13, 2027. Anchor investor bidding is scheduled for March 10, 2026.

The expected allotment date for Raajmarg Infra InvIT IPO is March 18, 2026. Refunds for unsuccessful applicants are expected on March 20, 2026.

Raajmarg Infra InvIT IPO is scheduled to list on March 24, 2026 on both BSE and NSE. BSE script code: 544734, NSE symbol: RIIT, ISIN: INE2PB023011.

Raajmarg Infra InvIT IPO is currently subscribed 13.74 times overall — QIB at 19.14x. Live subscription data updates multiple times per day on open-issue days.

The registrar for Raajmarg Infra InvIT IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Raajmarg Infra InvIT IPO are SBI Capital Markets Ltd., Axis Capital Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd..

The promoter(s) of Raajmarg Infra InvIT are To be updated soon.

Raajmarg Infra InvIT IPO GMP — What It Means

No active grey market premium has been recorded for Raajmarg Infra InvIT IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

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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