Raajmarg Infra Investment Trust IPO
RIIT
Open Date
11 Mar '26
Close Date
13 Mar '26
Price Range
₹99 - ₹100
Min Investment
₹15,000
Lot Size
150
Listing at
NSE
Issue Size
21,33,33,150
IPO Document
About Raajmarg Infra Investment Trust IPO
Incorporated as an infrastructure investment trust, Raajmarg Infra Investment Trust (“Trust”) is a registered with SEBI under the InvIT Regulations on December 22, 2025. The Trust has been established to acquire, operate, and maintain operational road infrastructure assets in India.
The toll road portfolio comprises the stretches:
- Gorhar to Barwa Adda
- Chilakaluripet – Vijayawada
- Chennai Bypass
- Chennai – Tada
- Nelamangala – Tumkur
The Trust is sponsored by the National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways, Government of India.
Its Toll road portfolio comprises five operational toll road assets developed under NHAI’s Toll Operate Transfer (TOT) model. These assets are located across the states of Jharkhand, Andhra Pradesh, Tamil Nadu and Karnataka, forming part of the Golden Quadrilateral network, with an aggregate length of approximately 260.198 km.
These road assets are operated and maintained pursuant to concession agreements executed with NHAI. The Project SPV holds the exclusive right to operate, manage, maintain, and collect toll user fees on the respective stretches from the appointed date, subject to concession terms.
Raajmarg Infra Investment Trust IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 15,99,99,862.5 crores |
| Non-Institutional Investors (NIIs) | 25% | 5,33,33,287.5 crores |
| Retail Individual Investors (RIIs) | 0% | -- |
Raajmarg Infra Investment Trust IPO Financial Highlights
No Data Found
Raajmarg Infra Investment Trust IPO Strengths & Weaknesses
Attractive industry sector with strong underlying fundamentals and favourable government policies
Experienced Sponsor with consistent track record in operating and maintaining projects in the roads and highways sector in India
Sizeable portfolio of diversified long-term revenue generating Toll Road assets
Portfolio of strategically located assets catering to key economic corridors of the country
Significant growth visibility through a defined pipeline of future assets
Concession Agreement terms with low counterparty risk
Experienced management team with industry experience
Raajmarg Infra Investment Trust IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 18 Mar '26 | 24 Mar '26 | 20 Mar '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 21,33,33,150 shares (aggregating up to ₹15,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Raajmarg Infra Investment Trust IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Raajmarg Infra Investment Trust ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Raajmarg Infra Investment Trust IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Raajmarg Infra Investment Trust IPO Contact & Registrar Details
Contact Details
Address
G 5 and 6 Sector 10 Dwarka New Delhi
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| SBI Capital Markets Ltd | Axis Capital Ltd | ICICI Securities Ltd |