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:
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.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 159999862.5 crores |
| Non-Institutional Investors (NIIs | 25% | 53333287.5 crores |
| Retail Individual Investors (RIIs) | 0% | -- |
Raajmarg Infra Investment Trust’s total income 0 by 0% and total expenses 0 by 0%, resulting in an EBITDA 0 by 0% and a profit after tax (PAT) 0 by 0% between March 31,2025 and March 31, 2026.
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
| Allotment Date | Listing Date |
|---|---|
| 18 Mar '26 | 24 Mar '26 |
| Minimum Lot Size | 150 shares |
| Maximum Lot Size (Retail) | 4950 shares |
The lot size of Raajmarg Infra Investment Trust ipo has been designed to ensure broad participation while maintaining optimal price discovery.
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