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RIIT · NSE,BSE · Road & Highway Assets
Raajmarg Infra Investment Trust IPO listed on 18 Mar 2026 on NSE,BSE at ₹107.00, a gain of 7.00% over the issue price of ₹100.00. The IPO was subscribed 13.57x overall.
Raajmarg Infra Investment Trust IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 11 Mar 2026 |
| IPO Close Date | 13 Mar 2026 |
| Basis of Allotment | 16 Mar 2026 |
| Initiation of Refunds | 17 Mar 2026 |
| Credit of Shares to Demat | 17 Mar 2026 |
| Listing Date | 18 Mar 2026 |
Listing day gain
+7%
Listed at ₹107 (issue ₹100)
Issue
₹100
Listing
₹107
Current
₹106.3
+6.3% vs issue
Day range
₹105.3 – ₹107.45
Issue Size
600,000,000 shares
(aggregating up to ₹6,000.00 Cr)
Issue Price
₹99 – ₹100
Face Value
[.]
Market Lot
[.]
Retail Min Investment
[.]
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
600,000,000 shares
(aggregating up to ₹6,000 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
11 Mar
Close Date
13 Mar
Allotment
16 Mar
Listing
18 Mar
Last updated: 6 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 23 Mar 2026 Latest | ₹100 | ₹3.5 | ₹103.5 | ₹3.5 |
3.5%
|
1:37 PM |
| 22 Mar 2026 | ₹100 | ₹3.75 | ₹103.75 | ₹3.75 |
3.75%
|
2:45 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 13 Mar 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 19.14x |
| NII | 6.87x |
| Total | 13.57x |
Showing the latest subscription snapshot.
View full subscription historyWant to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 289,163,400 (56.46%) |
|
•
Anchor Investor Shares Offered
|
172,800,000 (33.74%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
116,363,400 (22.72%) |
| NII (HNI) Shares Offered | 96,969,750 (18.93%) |
| Total Shares Offered | 386,133,150 (75.39%) |
Raajmarg Infra Investment Trust (RIIT) is a specialized investment trust created by the National Highways Authority of India (NHAI). Think of it as a "mutual fund" for roads. The trust owns and manages busy national highways and collects toll fees from them. It was set up to help the government raise money from existing roads to build new ones, while allowing common people to invest in India's highway growth.
Company Strengths:
Company Growth:
The growth of this trust is linked to India's growing economy. As more people travel and more trucks carry goods across states, toll income naturally goes up. RIIT plans to use the ₹6,000 crore from this IPO to buy more highway projects from NHAI in the future. This "pipeline" of future roads ensures that the trust can keep growing its portfolio and potentially increase the returns for its investors over many years.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 162.93 | 282.22 | 400.5 |
| Profit After Tax (PAT) | 15.04 | 29.08 | 33.6 |
| EBITDA | 25.51 | 40.99 | 49.81 |
| Total Assets | 333.41 | 428.96 | 496.64 |
| Net Worth | 51.3 | 80.47 | 93.17 |
| Reserves & Surplus | 24.35 | 53.52 | 72.93 |
| Total Borrowing | 17.6 | 24.83 | 61.84 |
Revenue & Profit Trend
The basis of allotment for Raajmarg Infra Investment Trust IPO was finalised on 16 Mar 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Raajmarg Infra Investment Trust IPO is expected to open in Mar 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Raajmarg Infra Investment Trust IPO is ₹99.00 - ₹100.00 per share.
As per market sources, Raajmarg Infra Investment Trust IPO GMP is currently ₹3.50. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Raajmarg Infra Investment Trust IPO stands at 13.57x overall.
The listing date for Raajmarg Infra Investment Trust IPO is 18 Mar 2026.
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