Raajmarg Infra Investment Trust, an InvIT sponsored by NHAI (National Highways Authority of India) plans to raise ₹6,000 crore through initial public offering of units.
It will open for subscription on Wednesday. The price band has been fixed between ₹99 and ₹100 per unit.
Raajmarg Infra Investment Trust was established to acquire, operate and maintain the InvIT Assets pursuant to the terms of the Concession Agreements granted by NHAI to the Project SPV and to have an initial portfolio of five Toll Roads in the Indian states of Jharkhand, Andhra Pradesh, Tamil Nadu and Karnataka under the Toll Operate Transfer model conceived by NHAI. Bids can be made for a minimum lot of 150 Units and in multiples of 150 units thereafter.
The units are proposed to be listed on NSE and BSE. The company has received in-principle approval for listing on February 13.
SBI Capital Markets, Axis Capital, ICICI Securities and Motilal Oswal Investment Advisors are Book Running Lead Manager to the issue.
Published on March 5, 2026