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RIIT, NHAI's first toll road trust with retail access, raised ₹1,728 crore from anchor investors ahead of its ₹6,000 crore IPO.
The NHAI-backed Raajmarg Infra Investment Trust (RIIT) raised ₹1,728 crore from anchor investors ahead of its ₹6,000 crore IPO, priced at ₹99–100 per unit, open until March 13, 2026.
The trust, which will list on March 24, is the first NHAI asset monetization initiative to include retail investors.
It holds five operational toll roads totaling over 260 km across Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, part of the Golden Quadrilateral.
Proceeds will repay NHAI and fund operations, with SBI Capital Markets as lead manager.
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RIIT, el primer fideicomiso de carreteras de peaje de NHAI con acceso minorista, recaudó ₹1,728 millones de inversores ancla antes de su IPO de ₹6,000 millones.