NHAI Sponsored Raajmarg Infra Investment Trust to List on BSE

25 Mar 2026 CW Team

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.

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.

Infrastructure Urban

25 Mar 2026

Flender Unveils N-ZAPEX Gear Couplings for Cost-Effective Operation

Flender has unveiled its new N-ZAPEX gear couplings, setting a new industry standard for drive applications in harsh conditions, such as those found in steel, cement, mining, and oil & gas industries. Designed to deliver economic benefits over the entire lifecycle, the N-ZAPEX series offers the highest torque density and misalignment capacities on the market.The N-ZAPEX is available in two versions, XN and XW, each tailored to meet different customer requirements. The XN variant focuses on standardisation, reduced complexity, and cost-effectiveness for smaller sizes, featuring reusable com..

Infrastructure Urban

25 Mar 2026

Anil Agarwal Calls for Entrepreneurial Role in Natural Resource PSUs

Anil Agarwal, Chairman of Vedanta, has highlighted the transformative potential of greater entrepreneurial involvement in India's public sector companies within the natural resources space. In a LinkedIn post, he emphasised the importance of empowering India’s pool of entrepreneurs alongside skilled public-sector talent to strengthen domestic production and reduce the country’s reliance on imports.Agarwal drew comparisons with India’s agricultural success, where self-sufficiency and surplus production were achieved. He suggested that a similar approach could unlock substantial value in p..

Technology

25 Mar 2026

Advaiya Launches Change Log Archival App for Microsoft Dynamics 365

Advaiya has launched its Change Log Archival app for Microsoft Dynamics 365 Business Central on the Microsoft Marketplace. The app enables organisations to securely archive large volumes of change log data outside the core ERP system while ensuring auditability, compliance, and traceability.As organisations face growing change log records that increase database size and impact system performance, the Change Log Archival app addresses these challenges by archiving historical logs to Azure Blob Storage. This solution optimises storage, maintains data integrity, and ensures accessibility, allowin..