Raajmarg Infra InvIT IPO Opens, Secures 1, 728 Crore from Anchors
Raajmarg Infra Investment Trust (InvIT), NHAI’s inaugural public infrastructure investment trust, released its 6, 000 crore IPO Wednesday, with the subscription duration closing Friday. The IPO complies with a 1, 728 crore anchor investment.
- Price Band: 99 -100 per unit.
- Support Investors: 17 28 crore units allocated to entities including LIC and ICICI Prudential Life Insurance Policy.
- Subscription Condition: The IPO was 5 % subscribed on the first day.
- Quantity & & Listing: Part is anticipated March 18, with BSE/NSE listing projected for March 24