NHAI-backed Raajmarg Infra InvIT IPO subscribed 16% on Day 1

Raajmarg Infra Investment Trust’s Rs 6,000-crore IPO saw 16% subscription on day one, with institutional investors showing stronger interest. The InvIT, backed by NHAI, aims to unlock highway asset potential and offers a long-term investment in five toll roads. This public offering is a significant step towards broader participation in India’s highway development.