NHAI-Sponsored Raajmarg Infra Investment Trust Launches Rs 6,000 Crore IPO in March 2026

Raajmarg Infra Investment Trust (RIIT), sponsored by the National Highways Authority of India (NHAI), is launching a Rs 6,000-crore initial public offering (IPO) with a price band of Rs 99 to Rs 100 per unit. The subscription opens on March 11 and closes on March 13, 2026, with anchor investor bidding on March 10. The IPO aims to broaden public participation in national highway infrastructure monetisation, targeting retail and institutional investors. Shares are expected to list on March 24, 2026.