NHAI-Backed Raajmarg Infra InvIT Secures Rs 1,728 Crore From Anchor Investors

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NHAI-backed Raajmarg Infra InvIT Secures Rs 1,728 Cr from Anchor Investors for IPO

Representational image (Image: News18)

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News18•10-03-2026, 22:45

NHAI-backed Raajmarg Infra InvIT Secures Rs 1,728 Cr from Anchor Investors for IPO

•NHAI-sponsored Raajmarg Infra InvIT (RIIT) raised Rs 1,728 crore from anchor investors.
•Key investors include LIC, ICICI Prudential Life, Kotak Mahindra Life, Bajaj Life, and various MFs, PFs, and banks.
•This precedes its Rs 6,000 crore initial public offering (IPO), opening March 11, priced at Rs 99-100 per unit.
•Marks NHAI's first asset monetisation program open to retail investors, aiming for broader public participation.
•Initial portfolio includes five toll roads (260+ km) in Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka.

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