Subscription Status · Mar 11 – Mar 13, 2026 · ₹99–100
The Raajmarg Infra Investment Trust IPO subscription has recorded strong investor demand with an overall subscription of 13.57× as of Mar 13, 2026, indicating that investors applied for 13.57 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Mar 13, 2026, 5:09 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
116,363,400 | 2,227,664,250 |
19.14×
|
|
NII
Non-Institutional Investors
|
96,969,750 | 666,361,200 |
6.87×
|
|
Total
|
213,333,150 | 2,894,025,450 |
13.57×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 116,363,400 | 2,227,664,250 | 19.14× |
| NII | 96,969,750 | 666,361,200 | 6.87× |
| Total | 213,333,150 | 2,894,025,450 | 13.57× |
As of March 13, 2026, the Raajmarg Infra Investment Trust IPO has been subscribed 13.57 times overall. The IPO is fully subscribed with strong investor demand.
The Raajmarg Infra Investment Trust IPO subscription window was open from March 11, 2026 to March 13, 2026. Investors could apply through their demat account or ASBA facility.
The QIB category has been subscribed 19.14 times. QIBs were offered 116,363,400 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 6.87×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on March 16, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Raajmarg Infra Investment Trust IPO is expected to list on March 18, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 13.57× means investors have bid for 13.57 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Raajmarg Infra Investment Trust IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Mar 11 to Mar 13, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Raajmarg Infra Investment Trust IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Mar 11, 2026Subscription Closes Done
Mar 13, 2026Basis of Allotment Done
Mar 16, 2026Listing on NSE,BSE Done
Mar 18, 2026Lottery-based allotment.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.