Minister for Highway Transport and Highways Nitin Jairam Gadkari and MD and CEO of BSE Sundararaman Ramathy on the itemizing ceremony of NHAI-backed Raajmarg InvIT on the Bombay Inventory Alternate in Mumbai on March 24, 2026. Photograph credit score: ANI
Nationwide Highways Authority of India (NHAI)’s Rajmarga Infrastructure Funding Belief (RIIT) was listed on the Bombay Inventory Alternate (BSE) on Tuesday (March 24, 2026) within the presence of Union Highway Transport and Highways Minister Nitin Gadkari.
The general public InvIT, regulated by the Securities and Alternate Board of India (SEBI), goals to extend investor participation in India’s freeway infrastructure sector.
Calling the itemizing a “vital milestone,” Gadkari stated there was robust demand for the inventory, with subscriber numbers almost 14 instances the providing dimension. He added that the federal government plans to monetize 1,500km of highways over the following three years by means of the InvIT route, signaling a push in the direction of infrastructure financing with public participation.
The itemizing comes because the Ministry of Highway Transport and Highways (MoRTH) and NHAI are collectively monetizing property price round Rs 1,500 crore by means of fashions equivalent to Toll, Function and Switch (ToT), InvIT and securitization beneath the Nationwide Monetization Pipeline (NMP-1).
RIIT is structured as a public-private partnership with the participation of NHAI, NaBFID, banks and monetary establishments with the goal of making certain skilled administration and monetary self-discipline.
The belief has secured rights to 5 freeway property throughout Jharkhand, Tamil Nadu, Andhra Pradesh and Karnataka, with a complete curiosity worth of roughly Rs 9,500 crore.
The acquisition might be financed by means of a mixture of fairness and debt, together with roughly Rs 6,000 crore in fairness financing and the rest by means of financial institution loans. Strategic traders equivalent to EPFO and SBI Life Insurance coverage invested round Rs 1,260 crore, whereas anchor traders equivalent to insurance coverage firms and pension funds invested round Rs 1,728 crore.
The remaining Rs 2,100 crore provided to the general public obtained an awesome response, with the problem being oversubscribed by almost 14 instances, highlighting robust investor urge for food for freeway property and authorities monetization programmes.
