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IPO Open

Wed, Mar 11, 2026

IPO Close

Fri, Mar 13, 2026

Price Band

₹99.00 to ₹100.00

Market Cap (Pre-IPO)

To be declared

InvIT Details

  • IPO Date
    11 to 13 Mar, 2026
  • Listed On
    Tue, Mar 24, 2026
  • Price Band
    ₹99.00 to ₹100.00
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding InvIT
  • Listing At
    BSE, NSE
  • Total Issue Size
    60,00,00,000 shares (agg. up to ₹6,000 Cr)
  • Fresh Issue
    60,00,00,000 shares (agg. up to ₹6,000 Cr)
  • BSE Script Code / NSE Symbol
    544734 / RIIT
  • ISIN
    INE2PB023011

InvIT Timetable

  • InvIT Open
    Wed, Mar 11, 2026
  • Allotment
    Wed, Mar 18, 2026
  • Credit of Shares
    Mon, Mar 23, 2026
  • InvIT Close
    Fri, Mar 13, 2026
  • Refund
    Fri, Mar 20, 2026
  • Listing
    Tue, Mar 24, 2026

IPO Reservation

Raajmarg Infra Investment Trust IPO offers total 51,21,33,150 shares. Out of which 28,91,63,400 (56.46%) allocated to QIB, 11,63,63,400 (22.72%) allocated to QIB (Ex- Anchor), 9,69,69,750 (18.93%) allocated to NII – allocated to RII and 17,28,00,000 (33.74%) allocated to Anchor investors.

Investor Category Shares Offered
QIB Shares Offered 28,91,63,400 (56.46%)
  − Anchor Investor Shares Offered 17,28,00,000 (33.74%)
  − QIB (Ex. Anchor) Shares Offered 11,63,63,400 (22.72%)
NII (HNI) Shares Offered 9,69,69,750 (18.93%)
Retail Shares Offered
Strategic Investor Shares Offered 12,60,00,000 (24.60%)
Total Shares Offered 51,21,33,150 (100.00%)

InvIT Anchor Investors

Raajmarg Infra Investment Trust IPO raises ₹1,728.00 crore from anchor investors. Raajmarg Infra Investment Trust IPO Anchor bid date is March 10, 2026.
📝 Anchor Investors Letter (PDF)

Bid Date Tue, Mar 10, 2026
Shares Offered 17,28,00,000
Anchor Portion (₹ Cr.) 1,728.00
Anchor lock-in period end date Fri, Apr 17, 2026
InvIT Anchor Investors List

About Raajmarg Infra Investment Trust
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

Read More

InvIT Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 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
  • 2 General purposes
  • Total
    5,850.00

InvIT Review

[Dilip Davda]

RIITL will carry on the activities of and to make investments as an infrastructure investment permissible under InvITs Regulations. The trust has yet to start normal operations and has no track records what-so-ever. It may have longer gestation periods for servicing the funds. Highway development is on full swing and many more toll plazas will emerge. This is a pure long term investment story and only well-informed/cash surplus investors may park moderate funds for long term.

Read detail review…

Raajmarg Infra Investment Trust IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 2 0 0 0
Members 0 0 0 0

InvIT Subscription Status

The Raajmarg Infra Investment Trust IPO is subscribed 13.74 times on March 13, 2026 5:25:00 PM (Day 3). The public issue subscribed [.] times in the retail category, 19.14 times in the QIB category, and 7.26 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
QIB (Ex Anchor) 19.14 11,63,63,400 2,22,76,64,250
NII 7.26 9,69,69,750 70,38,28,950
Total 13.74 21,33,33,150 2,93,14,93,200

Listing Day Trading Information

Price Details BSE
Final Issue Price ₹100.00
Open ₹108.00
Low ₹105.50
High ₹108.00
Last Trade ₹106.83

Check IPO Performance…

InvIT Lead Manager(s)

  1. SBI Capital Markets Ltd.  (Past IPO Performance)
  2. Axis Capital Ltd.  (Past IPO Performance)
  3. ICICI Securities Ltd.  (Past IPO Performance)
  4. Motilal Oswal Investment Advisors Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

InvIT Registrar

Kfin Technologies Ltd.

  • 04067162222, 04079611000
  • riimpl.invit@kfintech.com
  • Visit Website

Contact Details

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

IPO FAQs

Raajmarg Infra Investment Trust IPO is a main-board InvIT of 60,00,00,000 equity shares of the face value of ₹[.] aggregating up to ₹6,000 Crores. The issue is priced at ₹99.00 to ₹100.00. The minimum order quantity is .

The InvIT opens on Wed, Mar 11, 2026, and closes on Fri, Mar 13, 2026.

Kfin Technologies Ltd. is the registrar for the InvIT. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Raajmarg Infra Investment Trust IPO using UPI as a payment gateway. Angel One customers can apply in Raajmarg Infra Investment Trust IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Raajmarg Infra Investment Trust IPO through Angel One

  1. Visit the Angel One website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Raajmarg Infra Investment Trust IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One IPO Application Process Review for more detail.

The Raajmarg Infra Investment Trust IPO opens on Wed, Mar 11, 2026 and closes on Fri, Mar 13, 2026.

Raajmarg Infra Investment Trust IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Raajmarg Infra Investment Trust IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Raajmarg Infra Investment Trust IPO will be done on Wednesday, March 18, 2026, and the allotted shares will be credited to your demat account by Mon, Mar 23, 2026. Check the Raajmarg Infra Investment Trust IPO allotment status.

The Raajmarg Infra Investment Trust IPO listing date is on Tue, Mar 24, 2026.

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