The Raajmarg Infra Investment Trust (InvIT), sponsored by the National Highways Authority of India (NHAI), has launched its ₹6,000 crore IPO. With a price band of ₹99–₹100 per unit, the issue offers investors exposure to operational toll road assets, aiming to deliver stable returns through toll income distributions.
The IPO opened for subscription on March 11 and will close on March 13. Ahead of the launch, Raajmarg InvIT raised ₹1,728 crore from anchor investors including LIC and ICICI Prudential, signaling strong institutional confidence in India’s infrastructure monetization strategy.
Strategic Importance Of The Issue
The Raajmarg InvIT IPO is part of NHAI’s broader plan to monetize operational highway assets. By channeling funds into new projects, the trust provides investors with an opportunity to participate in India’s infrastructure growth story while ensuring predictable cash flows from toll revenues.
Investor Participation And Details
The IPO is open to retail, institutional, and non-institutional investors. Minimum lot size is 150 units, requiring an investment of approximately ₹15,000. Allotment is scheduled for March 18, with listing expected on March 24.
Key Highlights
-
IPO size: ₹6,000 crore
-
Price band: ₹99–₹100 per unit
-
Subscription window: March 11–13, 2026
-
Anchor investors: LIC, ICICI Prudential, Kotak Mahindra Life, Bajaj Allianz Life
-
Minimum lot size: 150 units (~₹15,000 investment)
-
Assets: Five operational toll road stretches across India
Conclusion
The Raajmarg InvIT IPO offers investors a chance to benefit from India’s expanding highway network. With strong anchor backing and NHAI sponsorship, the issue is expected to attract significant interest, reinforcing confidence in infrastructure-linked investment opportunities.
Sources: Economic Times, Moneycontrol, CNBC TV18