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Raajmarg InvIT IPO Subscribed 5 % on Day 1

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Raajmarg Infra InvIT IPO Opens, Safeguards 1, 728 Crore from Anchors

Raajmarg Infra Investment Trust (InvIT), NHAI’s inaugural public framework investment company, released its 6, 000 crore IPO Wednesday, with the membership duration closing Friday. The IPO follows a 1, 728 crore anchor financial investment.

  • Price Band: 99 -100 each.
  • Anchor Investors: 17 28 crore devices designated to entities consisting of LIC and ICICI Prudential Life Insurance.
  • Registration Standing: The IPO was 5 % subscribed on day one.
  • Part & & Listing: Part is anticipated March 18, with BSE/NSE listing predicted for March 24

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