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Raajmarg Infra InvIT IPO

₹99 – ₹99 · Issue Size ₹6,000 Cr

IPO Overview

StatusClosed
Price Band₹99 – ₹99
Issue Size₹6,000 Cr
Lot Size150 shares
Min Investment₹15,000
Face Value₹10
Issue Structure
Fresh Issue₹6,000 Cr
Offer for Sale
Total Size₹6,000 Cr

IPO Timeline

Open Date11 Mar 2026
Close Date13 Mar 2026
Allotment18 Mar 2026
Refund20 Mar 2026
Credit to Demat20 Mar 2026
Listing Date24 Mar 2026

Strengths & Weaknesses

Strengths

  • Attractive industry sector with strong underlying fundamentals and favourable government policies.
  • India’s infrastructure sector is witnessing robust growth, fuelled by significant government investments and strategic initiatives aimed at strengthening the nation's economic framework. For the fiscal year 2025–26, the government allocated a record ₹ 11.21 trillion, underscoring its dedication to infrastructure development as a cornerstone of economic progress and employment generation. (Source: CARE Industry Report).
  • Transport and logistics remain key focus areas, particularly roads, with over 45,000 kilometres, including 5,000 kilometres of specialised structures such as elevated roads, tunnels, and bridges, under consideration for awards.
  • The National Highways Authority of India (NHAI) plans to award approximately 5,000 kilometres annually.

Shareholding Pattern

Pre-IPO
Category%
Promoters20%

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
1988₹3.1 Cr₹-800.79 Cr₹3.1 Cr₹20.09 Cr
1990₹202.3 Cr₹-769.63 Cr₹202.2 Cr₹20.09 Cr
March 2024₹3.1 Cr₹-625.65 Cr₹0.1 Cr
March 2023₹202.2 Cr

About

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 company’s toll road portfolio includes the Gorhar–Barwa Adda, Chilakaluripet–Vijayawada, Chennai Bypass, Chennai–Tada, and Nelamangala–Tumkur highway stretches. The trust

Industry Overview

Business" and "Discussion and Analysis by the Directors of the Investment Manager of the Financial Condition, Results of Operations and Cash Flows of the Project SPV of the Trust", on pages 42, 121, 160 and 221, respectively. Some of the factors that could cause the Trust’s actual results, performance or achievements to differ materially from those in the forward-looking statements and financial information include, but are not limited to, the following: • The Trust is a newly settled trust with no operating history and limited historical financial information and, as a result, investors m

ExchangeNSE
Issue Typemainboard
Face Value10 per share

Documents

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