Raajmarg infra investment trust IPO Overview
Raajmarg infra investment trust IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹6,000 Cr. The IPO price band is set at ₹99 to ₹100 per share, and retail investors can apply with a minimum investment of ₹15,000 as per IPO guidelines.
The Raajmarg infra investment trust IPO opens on 11 Mar 2026 and closes on 13 Mar 2026. The IPO allotment is expected to be finalized on 18 Mar 2026, and the equity shares are proposed to be listed on BSE, NSE on 24 Mar 2026.
Investors can refer to the Raajmarg infra investment trust IPO RHP-DRHP for detailed information. The issue is managed by SBI Capital Markets Ltd.,Axis Capital Ltd.,ICICI Securities Ltd.,Motilal Oswal Investment Advisors Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About raajmarg infra investment trust
The toll road portfolio comprises the stretches:
Gorhar to Barwa Adda
Chilakaluripet – Vijayawada
Chennai Bypass
Chennai – Tada
Nelamangala – Tumkur
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.
Competitive Strengths
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
Investment Objective
General purposes
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