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Raajmarg Infra InvIT IPO Subscribed, Listing Expected March 24
Raajmarg Infra Investment company InvIT’s 6, 000 crore IPO closed Friday with 1 05 x membership. The problem, backed by NHAI, gathered significant support capitalist passion, elevating 1, 728 crore.
- Rate Band: 99 -100 per unit
- Anchor Investors: LIC, ICICI Prudential Life Insurance, and so on spent 100 per unit
- Allowance: 75 % for QIBs, 25 % for NIIs
- Grey Market Premium: 0
- Listing Dates: Part March 18, Refunds March 20, Listing March 24
The IPO intends to monetize national highway possessions, offering long-lasting investment, primarily for retail and domestic capitalists. NII portion was scheduled 1 56 x, while QIBs got 62 % quotes.
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