Raajmarg Infra InvIT IPO Details
| IPO Open Date | March 11, 2026 |
| IPO Close Date | March 13, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹99 to ā¹100 Per Share |
| Issue Size | Approx ā¹6,000 Crores |
| Fresh Issue | Approx ā¹6,000 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Raajmarg Infra InvIT IPO Review & Key Points
- Review:
Raajmarg Infra InvIT IPO Market Lot
The Raajmarg Infra InvIT IPO minimum market lot is 150 shares with ā¹15,000 application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 150 | ā¹15,000 |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 17,28,00,000 Shares | 33.74% |
| QIB (Ex. Anchor) | 11,63,63,400 Shares | 22.72% |
| NII Shares Offered | 9,69,69,750 Shares | 18.93% |
| Retail Shares Offered | – Shares | -% |
| Strategic Investor Shares Offered | 12,60,00,000 Shares | 24.60% |
Raajmarg Infra InvIT IPO Anchor Investors
| Anchor Bidding Date | March 10, 2026 |
| Anchor Investors List | |
| Shares Offered | 17,28,00,000 Shares |
| Anchor Size | 1,728.00 Cr. |
| lock-in period end date 50% shares (30 Days) | April 17, 2026 |
Raajmarg Infra InvIT IPO Dates
The Raajmarg Infra InvIT IPO date is March 11 and the close date is March 13. The Raajmarg Infra InvIT IPO allotment will be finalized on March 18 and the IPO listing on March 24.
| IPO Open Date: | March 11, 2026 |
| IPO Close Date: | March 13, 2026 |
| Basis of Allotment: | March 18, 2026 |
| Refunds: | March 20, 2026 |
| Credit to Demat Account: | March 20, 2026 |
| IPO Listing Date: | March 24, 2026 |
| IPO Bidding Cut-off Time: | March 13, 2026 – 5 PM |
Promoters and Holding Pattern
To be updated soon
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | – | -% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 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 | ā¹5,850 |
| General purposes | ā¹- |
About Raajmarg Infra InvIT IPO
Raajmarg Infra Investment Trust is a SEBI-registered trust built to purchase, manage, and maintain working road infrastructure projects in India. The Raajmarg fund is sponsored by the National Highways Authority of India (NHAI), an independent authority under the Ministry of Road Transport and Highways, Government of India.
The companyās toll road portfolio includes the GorharāBarwa Adda, ChilakaluripetāVijayawada, Chennai Bypass, ChennaiāTada, and NelamangalaāTumkur highway stretches. The trust is managed by a team of qualified professionals who have 20 years of experience in the road and highways sector. Moreover, the trust is also planning to start five operational toll road projects situated in Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, spanning a length of about 260 km.
Raajmarg Infra InvIT IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹- | ā¹- | ā¹- | ā¹- |
| 2024 | ā¹- | ā¹- | ā¹- | ā¹- |
| 2025 | ā¹- | ā¹- | ā¹- | ā¹- |
Raajmarg Infra InvIT IPO Valuation – FY2025
Check Raajmarg Infra InvIT IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹- (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ā¹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Cube Highways Trust | – | – | -% | 142.70 | – Cr. |
| Vertis Infrastructure Trust | – | – | -% | 103.35 | – Cr. |
| Interise Trust | – | – | -% | 104.18 | – Cr. |
| National Highways Infra Trust | – | – | -% | 145.80 | – Cr. |
| IRB Invit Fund | – | – | -% | 79.50 | – Cr. |
IPO Lead Managers aka Merchant Bankers
- SBI Capital Markets Ltd.
- Axis Capital Ltd.
- ICICI Securities Ltd.
- Motilal Oswal Investment Advisors Ltd.
Company Address
Raajmarg Infra Investment Trust
G – 5 & 6,
Sector 10
Dwarka
New Delhi, New Delhi, 110075
Phone: 2507 4100-1524
Email: compliance@riimpl.in
Website: https://www.raajmarginfratrust.in/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: riimpl.invit@kfintech.com
Website: https://ipostatus.kfintech.com/
Raajmarg Infra InvIT IPO FAQs
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Note: The Raajmarg Infra InvIT IPO price band and date are officially announced. The (Raajmarg Infra InvIT IPO grey market premium) will be added to the IPO GMP page as it will start).
