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Raajmarg Infra InvIT IPO Subscribed, Listing Expected March 24
Raajmarg Infra Investment company InvIT’s 6, 000 crore IPO shut Friday with 1 05 x membership. The problem, backed by NHAI, amassed considerable support financier interest, increasing 1, 728 crore.
- Price Band: 99 -100 each
- Support Investors: LIC, ICICI Prudential Life insurance policy, and so on invested 100 each
- Allotment: 75 % for QIBs, 25 % for NIIs
- Grey Market Premium: 0
- Listing Dates: Allocation March 18, Refunds March 20, Detailing March 24
The IPO intends to generate income from national freeway possessions, supplying long-lasting financial investment, primarily for retail and domestic financiers. NII part was scheduled 1 56 x, while QIBs received 62 % bids.
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