Explore how Raajmarg Infra Investment Trust’s IPO performed during its subscription period, including investor participation on the first day, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.
The Raajmarg Infra Investment Trust IPO opened for subscription on March 11, 2026, marking the infrastructure investment trust’s entry into the public market. Infrastructure Investment Trusts (InvITs) allow investors to participate in income-generating infrastructure assets, such as highways, by purchasing units listed on stock exchanges.
The issue is offered in a price band of ₹99 to ₹100 per unit, with a lot size of 150 units. On the opening day, the IPO recorded early investor participation, particularly from institutional and non-institutional categories.
The Raajmarg Infra Investment Trust IPO opened to initial investor activity across categories. Subscription levels on the first day provide an early indication of investor sentiment toward the infrastructure investment trust
On the first day of bidding, the Raajmarg Infra Investment Trust IPO recorded an overall subscription of 0.06×. Both institutional and non-institutional investors participated in the issue, though demand remained limited during the early phase of the subscription window.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.08× |
Non-Institutional Investors (NII) |
0.05× |
Total |
0.06× |
The early subscription levels suggest a gradual start for the issue, with market participants expected to monitor the bidding trend over the remaining subscription days.
On the second day of bidding, the Raajmarg Infra Investment Trust IPO recorded moderate participation from investors. According to the latest available data, the overall issue was subscribed 0.42×, indicating gradual investor engagement during the early phase of the subscription window.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.29x |
Non-Institutional Investors (NII) |
0.57x |
Total |
0.42x |
The Non-Institutional Investor category accounted for the highest level of participation by Day 2, while institutional demand remained comparatively moderate. Subscription levels may change as the IPO approaches its closing date.
On the third and final day of bidding, the Raajmarg Infra Investment Trust IPO witnessed a notable increase in investor participation across categories. By the close of Day 3, the issue was subscribed 2.18× overall, indicating stronger demand as the IPO approached the end of its subscription window.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.65x |
Non-Institutional Investors (NII) |
2.81x |
Total |
2.18x |
The Non-Institutional Investor segment recorded the highest participation, crossing the 2× mark, while Qualified Institutional Buyers also showed steady demand on the final day of bidding.
The price band for the Raajmarg Infra Investment Trust IPO is set between ₹99 and ₹100 per unit.
Investors can apply for a minimum lot size of 150 units, and bids can be placed in multiples of this lot size thereafter.
| Investor Category | Lots | Units | Amount (₹) |
|---|---|---|---|
Minimum Application |
1 |
150 |
₹15,000 |
At the upper price band, one lot amounts to an investment of ₹15,000.
For detailed insights about the company, issue particulars, and the latest updates, visit the Raajmarg Infra Investment Trust IPO on Bajaj Markets.
The IPO timeline highlights the important stages of the issue, including the subscription window and the expected listing schedule:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
March 11, 2026 |
Issue opens for subscription |
IPO Close Date |
March 13, 2026 |
Final day to submit bids |
Basis of Allotment |
March 18, 2026 |
Allotment of units expected |
Refunds Initiation |
March 20, 2026 |
Refunds begin for unallotted investors |
Credit of Units to Demat |
March 23, 2026 |
Units credited to successful applicants |
Listing Date |
March 24, 2026 |
Units expected to list on stock exchanges |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the Raajmarg Infra Investment Trust IPO through either the ASBA facility via net banking or UPI through broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Raajmarg Infra Investment Trust IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Raajmarg Infra Investment Trust IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
You can check Upcoming Ipo’s Here : Upcoming Ipo
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner