Subscription Status · Mar 11 – Mar 13, 2026 · ₹99–100
Raajmarg Infra Investment Trust IPO subscribed 13.57 times — as of Mar 13, 2026
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.
As of March 13, 2026
| 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 IPO Rise 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.
The Raajmarg Infra Investment Trust IPO subscription tracks how many times each investor category has subscribed relative to their reserved quota. As of Mar 13, 2026, the overall subscription stands at 13.57× — Heavily Oversubscribed.
QIBs include domestic mutual funds, FIIs/FPIs, banks, insurance companies, and SEBI-registered venture capital funds. They are allocated up to 50% of the net offer (75% for SME IPOs). For Raajmarg Infra Investment Trust IPO, QIB subscription is at 19.14×. High QIB subscription signals strong institutional conviction and is considered a positive indicator for post-listing performance.
NIIs are high-net-worth individuals (HNIs) and corporate bodies applying for more than ₹2 lakh. SEBI further divides this into bNII (bids above ₹10 lakh) and sNII (bids between ₹2–10 lakh), each with a separate allotment bucket. NII overall at 6.87×. Very high NII subscription (>50×) often signals leveraged HNI bidding, suggesting a strong listing expectation.
Retail investors apply for up to ₹2 lakh. They are reserved 35% of the net offer (in most mainboard IPOs). If oversubscribed, allotment is via computerised lottery — each applicant (regardless of lot count) has an equal probability.
Stock exchanges (BSE/NSE) publish subscription data multiple times a day during the subscription window. The figures shown here represent the latest available snapshot. "Shares Offered" is the quota reserved for each category; "Shares Bid For" is the total demand received; "Times Subscribed" is the ratio of demand to supply.
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.