Raajmarg Infra Investment Trust InvIT IPO: Price, GMP, Share Price and Full Details
11 March 2026 ·
A complete guide to the Raajmarg Infra Investment Trust InvIT IPO including price band, GMP today, share price expectations, assets, and investment details.
Introduction
The Raajmarg Infra Investment Trust InvIT IPO is one of the largest infrastructure investment offerings expected in 2026. With an issue size of ₹6,000 crore, the InvIT is designed to give investors exposure to operational toll road assets across India.
Investors searching for Raajmarg Infra Investment Trust IPO, Raajmarg Infra Investment Trust IPO GMP, and Raajmarg Infra Investment Trust share price are interested in understanding the structure and investment potential of this infrastructure trust.
In this article, we provide a detailed breakdown of the Raajmarg Infra Investment Trust InvIT IPO, including the price band, IPO size, assets under management, portfolio details, and key dates.
What is Raajmarg Infra Investment Trust InvIT?
Raajmarg Infra Investment Trust is an Infrastructure Investment Trust (InvIT) registered with the Securities and Exchange Board of India (SEBI) on December 22, 2025.
The trust has been established to acquire, operate, and maintain operational road infrastructure assets across India.
The InvIT is sponsored by the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways, Government of India.
Infrastructure Investment Trusts allow investors to invest in income-generating infrastructure projects, such as toll roads, highways, power transmission lines, and pipelines.
Raajmarg Infra Investment Trust IPO Overview
| Component | Details |
|---|---|
| Total Issue Size | ₹6,000 crore |
| Number of Units | 60 crore units |
| Issue Type | Fresh Issue Only |
| Listing | BSE and NSE |
Raajmarg Infra Investment Trust IPO Key Details
| Particular | Details |
|---|---|
| IPO Open Date | March 11, 2026 |
| IPO Close Date | March 13, 2026 |
| Allotment Date | March 18, 2026 |
| Listing Date | March 24, 2026 |
| Price Band | ₹99 to ₹100 |
| Issue Size | ₹6,000 crore |
| Number of Units | 60 crore |
| Lead Manager | SBI Capital Markets Ltd |
| Registrar | Kfin Technologies Ltd |
| Listing Exchange | BSE and NSE |
Raajmarg Infra Investment Trust IPO GMP
The Raajmarg Infra Investment Trust IPO GMP (Grey Market Premium) is an indicator of investor sentiment before listing.
Investors often track Raajmarg Infra Investment Trust IPO GMP today to gauge possible listing demand.
However, since InvITs typically focus on stable income and yield rather than short-term listing gains, grey market activity may remain relatively moderate compared to traditional IPOs.
Investors should consider long-term cash flow potential and yield stability rather than relying solely on GMP.
Raajmarg Infra Investment Trust Portfolio Assets
| Project Stretch | Location |
|---|---|
| Gorhar to Barwa Adda | Jharkhand |
| Chilakaluripet – Vijayawada | Andhra Pradesh |
| Chennai Bypass | Tamil Nadu |
| Chennai – Tada | Tamil Nadu |
| Nelamangala – Tumkur | Karnataka |
Raajmarg Infra Investment Trust IPO Reservation Details
| Investor Category | Allocation |
|---|---|
| Qualified Institutional Buyers (QIB) | Up to 75% |
| Non Institutional Investors (NII) | At least 25% |
Raajmarg Infra Investment Trust IPO Timeline
| Event | Date |
|---|---|
| IPO Open | March 11, 2026 |
| IPO Close | March 13, 2026 |
| Allotment | March 18, 2026 |
| Refund Initiation | March 20, 2026 |
| Credit of Units | March 23, 2026 |
| Listing | March 24, 2026 |
Competitive Strengths of Raajmarg Infra Investment Trust
Strong Infrastructure Sector Fundamentals
India’s road infrastructure sector continues to grow due to strong government investments and favorable policy support.
Backing by NHAI
The trust is sponsored by the National Highways Authority of India, which adds credibility and operational experience.
Diversified Toll Road Portfolio
The InvIT holds multiple toll road assets across different states, reducing geographic risk.
Strategic Economic Corridors
The roads are located along major transport corridors, which supports consistent traffic flow and toll revenue.
Growth Pipeline
The trust may also benefit from future asset transfers under NHAI’s TOT model, potentially expanding the portfolio.
Risks to Consider
Although InvITs offer stable income potential, investors should consider certain risks.
Traffic Volume Risk
Toll collections depend on traffic volume, which may fluctuate due to economic conditions.
Regulatory Risk
Infrastructure projects operate under government regulations and concession agreements.
Interest Rate Sensitivity
Infrastructure yield products can be affected by changes in interest rates.
Operational Risk
Maintenance costs and operational efficiency can impact revenue generation.
Conclusion
The Raajmarg Infra Investment Trust InvIT IPO provides investors with exposure to operational toll road infrastructure assets backed by NHAI.
With an IPO size of ₹6,000 crore, a price band of ₹99–₹100, and listing expected on March 24, 2026, the InvIT represents a major infrastructure investment opportunity in India.
Investors evaluating the Raajmarg Infra Investment Trust IPO, share price expectations, and GMP trends should consider the long-term income potential of infrastructure assets rather than short-term listing performance.
Disclaimer
This article is for educational and informational purposes only. It does not constitute investment advice. Investors should conduct independent research or consult a financial advisor before investing in the Raajmarg Infra Investment Trust InvIT IPO.