NHAI-backed Raajmarg Infra InvIT IPO Opens March 11, Aims for Rs 6,000 Crore
NHAI-backed Raajmarg Infra InvIT IPO Opens March 11, Aims for Rs 6,000 Crore
- •NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) to launch Rs 6,000 crore IPO.
- •The public offering will open on March 11 and close on March 13, with anchor bidding on March 10.
- •The InvIT aims to broaden public participation in National Highway infrastructure growth.
- •It targets retail and domestic investors, monetizing National Highway assets.
- •Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL), the investment manager, includes equity from major banks.