At a glance
Updated 2026-08-24The shares listed at ₹107.00, a 7.00% move from the issue price. Raajmarg Infra Investment Trust InvIT Details 2026 is a Mainboard IPO with an issue size of ₹6,000.00 crore, proposed for listing on BSE, NSE. The offer opens on 11th Mar 2026 and closes on 13th Mar 2026. The issue structure includes a fresh issue of ₹6,000.00 crore. The current listing schedule points to 24th Mar 2026.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹6,000.00 Cr
Fresh issue₹6,000.00 Cr
Price band₹99.00–₹100.00
Allotment18th Mar 2026
Listing24th Mar 2026
Listing performance
Full performance ↗Issue price₹100.00
Listing price₹107.00
Current price—
Listing gain7.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹3.50
GMP / upper price3.50%
Est. listing₹3.50
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens11th Mar 2026
Closes13th Mar 2026
Allotment18th Mar 2026
Refund20th Mar 2026
Demat23rd Mar 2026
Listing24th Mar 2026
Subscription demand
Full bidding ↗Total13.74×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 150 | ₹15,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Infusion of debt and equity into the Project SPV, which shall be utilized by the Project SPV for the payment of concession value of the InvIT Assets to NHAI | ₹5,850.00 Cr |
| General purposes | ₹110.93 Cr |
| Issue Expenses | ₹39.07 Cr |
| Total | ₹6,000.00 Cr |
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fee and commission payable to the Book Running Lead Managers (including brokerage and selling commission) | 14.64 |
| 2 | Selling commission payable to SCSBs for Bids directly procured by them and processing fees payable to SCSBs for Bids (other than Bids submitted by UPI Bidders using the UPI Mechanism) procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Issue, fees payable to the Sponsor Bank for Bids made by RIBs | 0.75 |
| 3 | Fees payable to Registrar to the Issue | 0.06 |
| 4 | Printing and stationery expenses | 0.58 |
| 5 | Listing fees, SEBI fees, BSE and NSE processing fees, book-building software fees, and other regulatory expenses | 10.38 |
| 6 | Fee payable to other advisors and any other fees and expenses | 12.68 |
| Total | 39.07 |
Issue expenses
| Expense | Amount |
|---|---|
| Infusion of debt and equity into the Project SPV, which shall be utilized by the Project SPV for the payment of concession value of the InvIT Assets to NHAI | ₹5,850.00 Cr |
| General purposes | ₹110.93 Cr |
| Issue Expenses | ₹39.07 Cr |
| Total | ₹6,000.00 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.