The maiden public issue of the National Highways Authority of India (NHAI) sponsored Raajmarg Infra Investment Trust (RIIT) is scheduled to be listed on the Bombay Stock Exchange (BSE) on 24 March 2026. The listing ceremony will be attended by the Minister for Road Transport and Highways, Nitin Gadkari, along with senior officials from the Ministry of Road Transport and Highways (MoRTH) and NHAI. The event will mark the first public listing of an NHAI-sponsored infrastructure investment trust under the current asset monetisation framework.

The initial public offering attracted widespread interest and was oversubscribed nearly 14 times, drawing participation from a diverse range of investor categories. Participation included both institutional and retail segments, reinforcing demand across investor types. The appetite for the issue underlined investor confidence in the Government of India's transparent and reform-oriented asset monetisation programme aimed at efficient capital recycling and accelerated infrastructure development.

The NHAI-sponsored trust is designed to unlock the value of operational National Highway assets and to provide a high-quality, long-term investment avenue for retail and domestic investors. The structure aims to broaden public participation in the National Highways sector and to channel private savings into infrastructure projects while supporting sustainable revenue streams for asset owners. The trust is intended to provide investors with exposure to operational road assets with long-term revenue potential.

Market analysts consider the launch a significant step in strengthening the infrastructure financing ecosystem and in expanding the investor base for road assets. The listing follows a policy push to enhance capital formation for infrastructure and to promote transparent mechanisms for asset monetisation under the broader roadmap for national development. Market observers expect similar transactions to follow as the monetisation programme progresses.