Raajmarg Infra InvIT IPO Opens, Safeguards 1, 728 Crore from Anchors
Raajmarg Infra Investment Trust (InvIT), NHAI’s inaugural public framework investment trust, launched its 6, 000 crore IPO Wednesday, with the subscription period closing Friday. The IPO complies with a 1, 728 crore anchor investment.
- Rate Band: 99 -100 per unit.
- Anchor Investors: 17 28 crore devices designated to entities including LIC and ICICI Prudential Life Insurance.
- Subscription Status: The IPO was 5 % subscribed on day one.
- Part & & Listing: Allotment is expected March 18, with BSE/NSE listing projected for March 24
