NHAI-backed Raajmarg Infra Investment Trust Rs 60 Bn IPO Opens

09 Mar 2026 CW Team

National Highways Authority of India (NHAI)-backed Raajmarg Infra Investment Trust has set an initial public offering of Rs 60 billion (Rs 60 bn) that will open on 11 March. The offer size was presented in the filing as six thousand crore in headline materials, which converts to the stated billion figure. The trust is structured as an infrastructure investment vehicle offering units to investors. The filing and related market notices provided the basic timetable and pricing information ahead of subscription.

The price band has been set at Rs 99-100 per unit and investors will be able to bid within that range when the offer opens. The issuance is expected to attract a mix of retail and institutional demand given the backing of NHAI and the scale of the offering. Detailed subscription procedures and eligibility criteria will be disclosed in the offer document and by the designated registrars. Preliminary indications of demand will emerge during early bidding phases and will inform allotment expectations.

The timing of the offer follows a period of renewed activity in the equity and investment trust markets, with market participants monitoring liquidity and appetite for infrastructure assets. Market analysts noted that a large issue size at the bn level may draw attention from long-term yield seeking investors and asset allocators. The placement may also be seen as a test of investor appetite for asset monetisation structures.

Prospective investors and advisors are expected to review the prospectus and track the book building process as the opening date approaches. The issuing trust and its managers will provide clarifications on allotment, listing timetable and lock in provisions in official filings. Market participants should consult the primary offer documents and the registry for definitive terms and timelines. Investors should also consider prevailing market conditions and their own investment horizons before subscribing.

Real Estate

01 Apr 2026

Top White Tiles Texture Designs for Elegant Interiors

White interiors are often associated with simplicity, elegance, and timeless design. In many homes, white tiles help create this refined look because they reflect light and blend easily with different décor styles. Used in living rooms, kitchens, or bathrooms, they keep spaces feeling bright and open. Adding the right wall tile texture can introduce subtle depth and visual interest without overpowering the design. From soft finishes to gentle patterns, textured white tiles help create interiors that feel calm, balanced, and elegant.Why White Tile Textures Are Popular in Interior Design?One of..

Brookfield India REIT Appoints Shashank Jain As CEO

Brookfield India Real Estate Trust (BIRET) has appointed Shashank Jain as Chief Executive Officer and Managing Director of the Manager of the REIT, effective July 1, 2026. Alok Aggarwal will continue in his role until June 30, 2026.Jain joins from PwC India, where he co-led the deals practice, and brings over 25 years of experience across real estate, private equity and mergers and acquisitions advisory.Ankur Gupta, Head of APAC and Middle East Real Estate at Brookfield Asset Management and Chairman on the Board of the Manager of BIRET, said, “Alok has been at the forefront of helping us bui..

Captain Steel Launches TVC To Promote TMT Awareness

Captain Steel has launched a new television commercial aimed at educating consumers on the role of TMT rebars in ensuring structural strength, as part of a broader effort to address awareness gaps in the category.The campaign positions TMT rebars alongside cement, highlighting their complementary roles in construction—cement managing compressive load and rebars bearing tensile load. It urges homebuilders to apply equal consideration while selecting both materials.Featuring brand ambassador Sourav Ganguly and actor Parambrata Chattopadhyay, the film draws attention to consumer behaviour in ma..